Governance

Israel's Klein in favour of hiring Arab employees

The Bank of Israel is in favour of recruiting Arab employees, but has yet to find suitable candidates for available positions, according to a letter sent by central bank governor David Klein to Hadash party MK Ahmed Tibi, Haaretz reported this week.

Central Bank of Nigeria: From Sanusi to Soludo

This article published by Vanguard today, 28 May, looks at the leadership changeover at the Central Bank of Nigeria. Joseph Sanusi will step down as CBN governor on Saturday, 29 May, when Professor Charles Soludo will begin his own tenure. Sanusi's five…

CBBH appoints new vice governor

The Governor of the Central Bank of Bosnia and Herzegovina, Peter Nicholl, has appointed Anka Musa as Vice Governor of the CBBH and Ankica Kolobaric as Comptroller General of the CBBH.

Former Atlanta Fed President Forrestal dies at 72

The Federal Reserve Bank of Atlanta announced on Wednesday, 26 May, the death of former Atlanta Fed President and Chief Executive Officer Robert P. Forrestal who passed away at 72. Forrestal served as Atlanta Fed president from 1983 until 1995.

Solans set to leave ECB

ECB Executive Board Member Eugenio Domingo Solans, who in 2002 oversaw the debut of the euro notes and coins, will step down from his post on Monday, 31 May. He will be replaced by Spaniard Jose Manuel Gonzalez Paramo.

Riksbank appoints new department heads

At its meeting on 19 May the Executive Board of the Sveriges Riksbank appointed Kai Barvell as new head of the Market Operations Department and Mats Galvenius as head of the new general secretariat.

Greenspan gets the nod for new Fed term

President Bush finally renominated Alan Greenspan to another term as Federal Reserve chairman this week. Greenspan expressed his honour at the renomination. If he holds the chair until June 2006, Greenspan will be the longest-serving chairman in the Fed…

MAS chairman's dual role to stay

Singapore's Second Finance Minister Lim Hng Kiang said this week that there is no immediate need to change the status quo for Deputy Prime Minister and Finance Minister Lee Hsien Loong's concurrent role as the Monetary Authority of Singapore's chairman.

Former RBI governor to lead India

Manmohan Singh, a former governor of the Reserve Bank of India, is set to become India's next prime minister after Sonia Gandhi's decision to turn down the job. Mr Singh was in charge of the RBI from September 82 to January 85.

Deal may be close in Welteke probe

The Frankfurter Allgemeine Zeitung reported on Friday 21 May that a deal may be close whereby German prosecutors drop the case against former Deutsche Bundesbank President Ernst Welteke in exchange for the payment of a fine.

Bank of Japan names new executive director

Nobuo Inaba, director-general of the Bank of Japan's Bank Examination and Surveillance Department, will be promoted to executive director, replacing outgoing Takahiro Mitani, bank officials said on Saturday 8 May.

Zimbabwe: Retrenched staff stuck in limbo

The Zimbabwe Standard reported this week that several senior Reserve Bank of Zimbabwe officials targeted for retrenchment are sitting idle at the bank, more than two months after the central bank said they would be laid off.

Music maestro

Speaking on Thursday 13 May to a group of high school students in Chicago, Alan Greenspan shared some personal memories including life on the road with a dance band as a clarinet and saxophone player.

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