Governance
Ex-Fed economist appointed to Ireland’s Central Bank Commission
Former Federal Reserve economist and special adviser to Ireland’s outgoing finance minister Alan Ahearne appointed to Central Bank of Ireland’s commission
Libya’s Bengdara in Istanbul: report
Central Bank of Libya governor Farhat Bengdara reportedly confirms relocation to Istanbul as unrest continues; more central bank targeted sanctions possible
Buba’s Weber to return to academia
Bundesbank president Axel Weber to teach at University of Chicago in June following departure from central bank
Nobel Prizewinner not right for Fed: key Republican senator
Senate Banking Committee ranking member Richard Shelby sets out reasons underpinning party’s repeated rejection of Nobel Prizewinner Peter Diamond for Fed board seat
Malaysia’s Kadir on enhancing sharia governance
Bank Negara Malaysia deputy governor Mohd Razif bin Abd Kadir says stronger governance framework will provide greater scope for sharia products
Buba posts €2.2 billion profit
Bundesbank says increased risk provisioning responsible in part for dip from 2009 figures
Tokyo nominates ex-IMF economist to BoJ policy board
Japanese government puts forth academic and ex-IMF economist Sayuri Shirai for Bank of Japan policy board, according to wire reports
Sudan’s Hassan quits
Bank of Sudan governor Sabir Mohamed Hassan steps down from helm of central bank after taking decision not to pursue fourth term in office
Goldman economist to replace Sentance on Bank’s MPC
Chancellor of the exchequer George Osborne names Goldman Sachs’ Ben Broadbent as new member of Bank of England’s Monetary Policy Committee
Hungary names two external members to MPC
Hungarian parliament nominates two economists as external members to National Bank of Hungary rate-setting committee
Central bank wage cap backfires on Budapest: reports
Hungarian government could be pushed to amend controversial central bank salary cap as problems mount in finding suitable external rate-setters
Ex FSA chair quits as head of LSE
Former Financial Services Authority chairman Sir Howard Davies steps down as director of London School of Economics over university’s financial links to Libyan Gaddafi regime
UK lawmakers launch inquiry into BoE’s accountability
Influential parliamentary committee calls for views on the impact of regulatory change on Bank of England; changes will see Bank’s ambit expanded
SNB confirms large loss on back of franc gains
Swiss National Bank reports $20.7 billion loss; figure slightly lower than that forecast in January
Kenyan lawmakers criticise Ndung’u reappointment
Lawmakers critique government’s reappointment of Central Bank of Kenya governor Njuguna Ndung’u without any parliamentary review or input
Williams succeeds Yellen at helm of SF Fed
Head of research named new head of San Francisco Federal Reserve
Nobel Laureate Yunus dismissed from microlender by central bank
Bangladesh’s central bank removes Nobel Peace prize winner and founder of Grameen Bank Muhammad Yunus from helm of microlender
Kenya’s Ndung’u reappointed for second term
Kenyan President Mwai Kibaki appoints Central Bank of Kenya governer Njuguna Ndung’u for second four-year term
Coene to take the helm at Belgian central bank
National Bank of Belgium vice-governor Luc Coene to succeed Guy Quaden