Governance

Interview with Malaysia's Zeti

In an interview published Thursday 23 March, Bank Negara Malaysia governor Zeti Akhtar Aziz said the BNM will intervene in foreign-exchange markets to moderate any major outflows, particularly if such moves don't reflect economic fundamentals.

New BOK governor

Lee Seung-tae, designated by President Roh as the Bank of Korea's new governor, inherits both great authority and formidable responsibility, according to this Opinion piece published on Sunday 26 March.

Former Mizuho executive may join BoJ board

The Japanese government plans to appoint Tadao Noda, a former deputy president of Mizuho Financial Group Inc. (8411.TO), as a new member of the Bank of Japan's Policy Board, Kyodo News reported, citing government sources.

West Africa seeks new central bank governor

Heads of state of eight west African countries met Monday 27 March to find a new head for the Central Bank of West African States and review progress in fighting a bird flu outbreak in the region.

Bank of England's Lambert to leave MPC

Richard Lambert is to leave the Monetary Policy Committee of the Bank of England with immediate effect following his decision to accept a position that would represent a conflict of interest, the Bank said on Thursday 23 March.

New BOK governor named

President Roh Moo-hyun on Thursday 23 March appointed Lee Seong-tae, deputy governor of the Bank of Korea (BOK), as the new governor, his office Cheong Wa Dae announced.

New Fed governors sworn in

Kevin M. Warsh and Randall S. Kroszner were formally sworn in as members of the Board of Governors of the Federal Reserve System at a ceremony Thursday 23 March in the atrium of the Board's main building in Washington.

Fed's Spillenkothen to retire

Rich Spillenkothen, the director of the Division of Banking Supervision and Regulation, will retire on June 30 after thirty years of service with the Federal Reserve Board, including nearly fifteen years as the director of the division.

New BOK chief to be named this week

This article published on Tuesday 21 March looks at the changes that will be seen in the Bank of Korea's ranks soon. As well as a new governor, there will also be a significant change in the line-up of the bank's seven-member monetary policy committee,…

Former CBK officials charged with fraud

A Kenyan court on Monday 20 March charged five former senior officials, including former Central Bank of Kenya (CBK) governor Eric Kotut, with fraud and theft in the east African country's biggest corruption scandal.

Richmond Fed promotes branch officer

The Federal Reserve Bank of Richmond has announced that Steven T. Bareford has been named assistant vice president, Banking Supervision and Regulation, effective April 1, 2006.

Basci named acting central bank governor

Turkey's central bank vice governor Erdem Basci has been appointed acting governor of the institution, following the end of Sureyya Serdengecti's term as governor, Turkish Daily News reported.

Keep politics out of Bank of Spain, says PP leader

People's Party (PP) leader Mariano Rajoy said on Wednesday 8 March that he does not agree that Miguel Angel Fernandez Ordoez, the current secretary of state for internal revenue, should be the next governor of the Bank of Spain.

Malaysia's Zeti gets new five-year term

Malaysian central bank governor Zeti Akhtar Aziz's term in office has been extended for another five years, effective from 1 May, according to a statement released by the Ministry of Finance on Friday 10 March.

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