People

Former Buba president takes job at Russian bank

The former head of Germany's Bundesbank, Ernst Welteke, who resigned in April last year after criticism for accepting a free hotel stay from a commercial bank, has been appointed independent board member at a bank in southern Russia, Russian media…

Senate panel clears Bernanke's nomination

The US Senate Banking Committee on Thursday 9 June approved the nomination of Federal Reserve Governor Ben Bernanke to head the White House Council of Economic Advisers, sending it to the full Senate for a final vote.

Optimist joins ECB in gloomy times

This article profiles Lorenzo Bini Smaghi, who joined the European Central Bank's executive board on 1 June. All indications suggest that Bini Smaghi, far from rocking the boat, is firmly on board with the ECB's current approach to monetary policy, it…

You wanna be a central banker? Think again

Following the events in Thailand, this article published Friday 3 June suggests central bank governors around the world probably aren't sleeping well this week. What if this short-sighted, punish-the-central-banker mindset spread to other realms, it asks.

Turkmen central bank chief fired for embezzlement

Shekersoltan Muhammedova, the acting governor of Turkmenistan's central bank, was sacked this week for "grave shortcomings and embezzlement of state funds," according to the BBC Monitoring Service which quoted the translation of a report on Turkmen TV…

ECB weighs reshaping exec board, Trichet role

A major shake-up of jobs on the European Central Bank's Executive Board is under discussion and could lead to president Jean-Claude Trichet and his deputy taking a more prominent role in shaping monetary policy, this article says.

Zhou Xiaochuan joins the Group of Thirty

Following the Spring meeting of the Group of Thirty in Warsaw, Poland, the Group announced on Tuesday 24 May the addition of Zhou Xiaochuan, Governor of the People's Bank of China, to the membership of the Group.

Bell to leave Bank of England's MPC

The UK Chancellor, Gordon Brown, on Thursday 26 May announced the appointment of David Walton to the Bank of England's Monetary Policy Committee (MPC) to succeed Marian Bell. The appointment will take effect on 1 July.

Schroder defeat could end Bofinger's ECB hopes

A defeat by Chancellor Gerhard Schroder in Germany's election in September could spell the end for Peter Bofinger's chances of succeeding Otmar Issing as the German representative on the European Central Bank's six-man executive board.

Who will fill Greenspan's shoes?

This article published on Thursday 26 May speculates on Alan Greenspan's successor at the Fed. Ben Bernanke will have to abandon his preference for Hawaiian shirts and Bermuda shorts, it says, while Martin Feldstein looks risky given his outspokenness…

BoE's Tucker reappointed to MPC

Paul Tucker, Executive Director for Markets at the Bank of England, has been reappointed for a further three-year term as a member of the Monetary Policy Committee with effect from 1 June 2005.

Senior appointments at Bank of Canada

Bank of Canada Governor David Dodge and Senior Deputy Governor Paul Jenkins, on behalf of the Board of Directors, announced a number of new appointments to the senior management team on Tuesday 17 May.

Euroclear appoints John Trundle MD

Euroclear SA/NV announced on Thursday 19 May that John Trundle will become Managing Director and head of Risk Management for the Euroclear group, effective 6 June.

Interview with RBI's Reddy

In an interview published on Wednesday 18 May Reserve Bank of India Governor Yaga Venugopal Reddy said any revaluation of the Chinese yuan will have less of an impact on India than other Asian countries.

Greenspan could stay on longer at Fed

The US administration of George W. Bush is considering whether to encourage Federal Reserve Chairman Alan Greenspan to stay for at least a few months beyond the 31 Jan expiration of his term, the Washington Post reported this week.

Fed's Gramlich resigns to pursue teaching

Edward Gramlich submitted his resignation Wednesday 18 May as a member of the Board of Governors of the Federal Reserve System, effective 31 August. Gramlich is resigning to pursue several teaching and research interests.

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