Governance
Likely Greek governor leaves commercial bank
George Provopoulos, the favourite to succeed Nicholas Garganas at the helm of the Bank of Greece, has resigned as chief executive of Piraeus Bank.
Ex-Tanzanian governor Ballali dead
Daudi Ballali, the former governor of the Bank of Tanzania who was sacked in January, has died.
Swiss Re's Raaflaub to head new regulator
Patrick Raaflaub, the head of group capital management at Swiss Re, a reinsurance company, will direct Switzerland's new super regulator the Financial Market Supervisory Authority (FINMA).
I was forced out: ex-Nigerian deputy
Wahia Mshelia, a former deputy governor at the Central Bank of Nigeria, has alleged that she was forced to quit after falling out with Charles Soludo, the institution's governor, local media reported on Wednesday. Soludo has denied the claims.
Two new vice presidents for Chicago Fed
Carl Tannenbaum, the former chief economist at LaSalle Bank, has joined the Chicago Federal Reserve as vice president. The central bank has also promoted Steve Durfey, the assistant vice president responsible for the supervision and regulation department…
Smets to replace Reichlin as ECB research head
Frank Smets, the deputy director general of the European Central Bank's research department, is to replace current head Lucrezia Reichlin, when she leaves the institution in September.
MIT's Blanchard to become IMF chief economist?
Olivier Blanchard, an economics professor at the Massachusetts Institute of Technology (MIT), will be the next chief economist at the International Monetary Fund (IMF) a leading German weekly has reported.
EBRD appoints Mirow as chief
Thomas Mirow, the state secretary of the German Finance Ministry, will replace Jean Lemierre as head of the European Bank for Reconstruction and Development, the development bank for most of Central and Eastern Europe.
Lomax decides to quit the Bank
Rachel Lomax, a deputy governor at the Bank of England, will leave when her term ends at the end of June.
Breaking the Japanese impasse
Ken Worsley assesses what the political battle over the new governor will mean for the Bank of Japan’s independence
The new face of the Bank of Japan
Masaaki Shirakawa brings a wealth of experience and a strong reputation to the top job in Japan, argues Malan Rietveld
Padoa-Schioppa resigns from IMF role
Tomasso Padoa-Schioppa quit on Friday as chairman of its International Monetary and Final Committee.
Turkey appoints new deputy
Mustafa Ibrahim Turhan, a board member of the Central Bank of Turkey, will become one of four of the institution's deputies.
RBA's Broadbent wins third term
Jillian Broadbent, the only woman on the Reserve Bank of Australia's nine-strong rate-setting board, is to serve a third five-year term.
Austria names new governor
Ewald Nowotny, a former chief executive of BAWAG, an Austrian Bank, is to replace Klaus Liebscher, at the helm of the country's central bank.
Greece's Garganas to step down
Nicholas Garganas, the governor of the Bank of Greece, will retire when his first term ends in June.
World Bank appoints SA anti-corruption head
Leonard McCarthy, the chief of South Africa's highly-regarded anti-corruption unit, will head the World Bank's institutional integrity department.
What the IMF can learn from central banks
The International Monetary Fund (IMF) should follow the example of central banks in reforming its governance framework, research published by the Bank of Canada argues.
SNB blames Q1 loss on FX markets
The appreciation of the Swiss franc has led the country's central bank to incur a Sfr3.97 billion ($3.76 billion) loss in the first quarter of 2008.
Fund directors lead exodus
The International Monetary Fund has conducted the first in a series of directorial reshuffles after six senior managers opted for voluntary redundancy.
IMF redundancy offer oversubscribed
The International Monetary Fund's bid to cut its workforce by 13% by offering voluntary redundancy packages has led to over 20% of employees asking to leave.
Weber defends mark to market
Axel Weber, the president of the Deutsche Bundesbank, says it is crucial to stick to fair value accounting, especially under adverse market conditions.
Achieving cost effectiveness: Brazil's experience
The Central Bank of Brazil has published a detailed case study on how it implemented a new system of identifying and monitoring costs.
Banque de France posts record profit
The Banque de France's profit surged to a record high of €2.32 billion ($3.69 billion) last year.