Governance
People: Bank of Russia replaces retiring deputy; Subbarao goes to Singapore
Bank of Russia appoints two to replace retiring deputy governor Golubev; former RBI governor takes visiting fellowship at National University of Singapore; and more
Wathra appointed Pakistan governor
Ashraf Mahmood Wathra joined the central bank as a deputy governor last year, and has now been handed a three-year term as governor
Turkey's central bank overhauls strategic plan following turmoil earlier this year
The bank outlines new strategic plan for 2014–18 in view of ‘changed external and economic conditions'; replaces 2011 plan that was scheduled to expire next year
People: Former Sarb deputy takes over state pension fund; Somali governor confirmed
Familiar faces return to Somali, Swedish central banks, while former Sarb deputy and World Bank executive Renosi Mokate takes the reins at South African pension fund
Former BoE staff clash over reserves accounting in Central Banking debate
Central Banking On Air debate panellists Charles Goodhart and Tim Young clash over the relevance of mark-to-market accounting for central bank reserves
Central Bank of Hungary makes ‘criminal complaint’ against board member
Hungary’s central bank has made a ‘criminal complaint’ against one of its own staff members, as well as a media outlet, over allegations about its use of public funds
Coen appointed new Basel Committee secretary-general
William Coen takes over Basel Committee secretariat after seven years as deputy; Wayne Byres leaves to head Australia’s prudential regulator
People: RBI executive director retires; top law award for Zambian deputy
G Gopalakrishna retires after 33 years with the RBI; Zambia's Tukiya Kankasa-Mabula recognised for legal achievements; and more
New governor aims to restore trust in Bank of Korea
Juyeol Lee will seek a ‘rebirth' of the Bank of Korea as a central bank that is ‘trusted by the Korean people'
Central Banking will return on April 22
Central Banking Daily News and the Central Banking Daily Briefing are closed from Friday, April 18, until Tuesday, April 22
ECB launches programme to prepare Balkan central banks for EU
Macedonian, Albanian, and Kosovar central banks will benefit from a €500,000 programme and EU expertise to help them prepare to one day join the Eurosystem
Kyrgyz governor steps down after three years
Governor announces intention to leave central bank before term is up due to ‘family circumstances’; emphasises success of ‘radical reforms’ in past three years at the helm
South African banks fined $12m over lax money laundering controls
Standard Bank is fined $5.7 million and three other banks given smaller penalties over failure to implement required processes that would prevent customers from laundering money or financing terror
Deutsche-MAS allegations may go back five years
Monetary Authority of Singapore says it is in touch with Deutsche Bank over its investigation of 'inappropriate' communications, which could be as old as five years
People: Maldives governor approved; Nigeria deputy starts
Maldives parliament approves president's second choice nomination for governor; new Nigerian deputy takes up his post; Pope appoints adviser to Vatican ‘central bank'
Bank of Canada names Carolyn Wilkins as number two
Carolyn Wilkins will be the first female senior deputy governor in the Bank of Canada’s history; served as the central bank’s head of financial stability 2011-2013
South African Reserve Bank shares set to hit the market
A significant number of shares in South Africa's central bank are expected to go on sale later this year after the ‘regularisation' of ‘certain shareholdings'
Brazil central bank gives banks time off for World Cup
Banks must work as usual during the World Cup, the central bank has said - but can take an extra hour off when the Brazil team is playing
People's Bank of China hires Ma Jun as chief economist
High profile China economist makes switch to central bank to participate in ‘aggressive' economic reforms to ‘shape the future' of China's economy
Ukraine central bank gets new audit committee
Refreshed oversight council gives blessing to new deputy governors and establishes new audit committee; daily FX benchmarks will now be effective immediately
Bank of Canada appoints first COO
Filipe Dinis appointed as Bank of Canada’s first-ever chief operating officer; assumes oversight of the central bank’s strategic planning, administrative functions and operations
Riksbank appoints two senior managers
Appointments to human resources and cash and payment systems sections follow establishment of three new departments on March 1