Governance
People: January to March 2023
A round-up of central bankers in the news and on the move during the past three months
Brazilian MPC holds rates despite pressure
President says policy rate is “absurd” but MPC says expectations not yet anchored round targets
Central banks’ roles differ by national wealth
Few central banks have task of overseeing sovereign wealth funds
Most governments can change mandates without consulting central banks
Most jurisdictions’ central bank laws either limit or forbid monetary financing
Central banks differ over board term limits
Nearly half of responding central banks impose no term limits on board members
EME governors more likely to leave role early
Emerging market economy countries also less likely to limit number of terms governors can serve
Lebanese judge questions governor
Salameh interviewed in presence of European officials after initially refusing to be questioned
China to set up new party-led financial supervisors
New committees to be established by end of 2023 as part of wider supervisory change
BoE may have ‘too much to do’, experts warn
Secondary remits may be diverting attention from key tasks, House of Lords committee hears
Vietnam cuts rates after PM demands real estate action
SBV cuts rates as property developers face growing debt problems
SNB’s Maechler to take deputy role at BIS
Senior Swiss official will replace Luis Awazu Pereira da Silva as deputy general manager
PBoC leadership faces multiple challenges
Yi Gang’s staying on as governor will only ease some of the pressures, writes Hui Feng
Yi Gang stays on as China’s central bank governor
Beijing’s surprise decision sends stabilising signal for the economy, analysts say
BoJ maintains monetary easing at Kuroda’s final policy meeting
Ueda confirmed as next governor as pressure grows to abandon yield curve control
Russia may nominate candidate for World Bank president
Experts think move is meant to embarrass US
China to overhaul financial regulatory system
Proposed changes reduce the PBoC’s role in financial oversight
Lebanese judge to interview central bank governor
Second judge summons Salameh over allegations as observers say governor could extend term
China sets modest growth target ahead of leadership reshuffle
Outgoing premier Li calls for accommodative policy and warns of property sector risks
Chicago Fed used search firm that employed Goolsbee’s wife
Board says it was aware of Robin Goolsbee’s employment
RBI report details Covid contingency measures
Central bank reorganised staff and processes at “unprecedented scale and speed”
Australian treasurer welcomes chance to ‘refresh’ RBA board
Chalmers does not recommit to extending Philip Lowe’s term as governor
People: IMF appoints western hemisphere head
Nepal’s first central bank governor dies and Israel bank supervisor steps down