Governance
Brazil's Meirelles faces fraud probe
Brazil's Supreme Court has authorised a criminal investigation against Henrique Meirelles, the country's central bank chief, over alleged tax fraud and misdemeanours against the financial system.
Mervyn King and the invisible hand
Bank of England governor Mervyn King delivered a speech this week in which he revealed his "Maradona theory of interest rates" based on the Argentine legend's second goal against England in the 1986 World Cup quarter-final.
NRB governor elected to ACU president
The governor of the Nepal Rastra Bank (NRB), Bijaya Nath Bhattarai was elected president of the Asian Clearing Union (ACU) at its 34th annual meeting in Lahore this week.
Iceland re-appoints central bank chief
The Prime Minister of Iceland has re-appointed Eirikur Gunason as Governor of the central bank for a term of seven years which began on 1 May.
PBOC's Zhou Xiaochuan on exchange rate reform
In a recently published interview Zhou Xiaochuan, Governor of the People's Bank of China, said we will make active and steady efforts to push ahead with the reform of the RMB exchange rate regime on a well-planned and step-by-step basis.
Parliamentary speaker nominated Estonia bank chief
The supervisory council of the Bank of Estonia on Tuesday 10 May nominated deputy parliamentary speaker Andres Lipstok as the new president of the Baltic country's central bank.
Bank Indonesia gets new deputy governor
Indonesia's Lower House of Parliament has unanimously appointed Siti Chalimah Fadjrijah as the central bank's new deputy governor in charge of bank supervision, replacing Aulia Pohan.
Uncertainty over new deputy governor in Kenya
The tenure of the deputy governor of the Central Bank of Kenya was uncertain this week after Dr Edward Sambili's contract ended on April 30, but no one had been appointed to take his place.
Bank of England appoints Head of Internal Audit
The Bank of England announced on Thursday 5 May that Stephen Brown has been appointed Head of Internal Audit with effect from 4 July.
Election to Danmarks Nationalbank's Board
Denmark's Folketinget (Parliament) has elected Ms Helle Thorning-Schmidt and Mr Henrik Sass Larsen to the Board of Directors of Danmarks Nationalbank until 31 March 2006.
SCH bank appoints former Bank of Spain governor
Luis Angel Rojo, who was governor of the Bank of Spain between 1992 and 2000, has been appointed to the board of directors of Spanish bank Santander Central Hispano (SCH).
Duisenberg reveals political interference
European Central Bank ex-President Wim Duisenberg disclosed for the first time recently that German Chancellor Gerhard Schroeder, French President Jacques Chirac and Italian Prime Minister Silvio Berlusconi have all tried to influence the ECB's monetary…
Nigeria appoints deputy governor after resignation
The Central Bank of Nigeria announced on Tuesday 3 May that Dr Obadiah Mailafia will replace Mrs Wahir Mshelia as the Deputy Governor for Policy on Monday 9 May. Mshelia resigned last week with press reports suggesting there were 'strong indications' she…
Brazil's Supreme Court upholds partial immunity
The Supreme Federal Court on Thursday 5 May upheld the decision to give Brazil's central bank President Henrique Meirelles immunity from prosecution from common courts in an ongoing illegal tax and forex transaction case against him, local media reported.
IMF appoints new director of evaluation office
The Executive Board of the International Monetary Fund has offered Thomas Bernes of Canada the position of Director of the IMF's Independent Evaluation Office, and he has accepted the Board's offer, the IMF said on Monday 25 April.
Bank of PNG appoints deputy governor
The Bank of Papua New Guinea recently announced the appointment of Mr Loi Martin Bakani to the position of Deputy Governor Policy and Regulations. His term is for five years.
HKMA appoints deputy chief executive
The Hong Kong Monetary Authority announced on Tuesday 26 April that the Financial Secretary has approved the appointment of Mr Y. K. Choi as Deputy Chief Executive of the HKMA. Two other appointments were also made, which will all take effect on 1 June.
Interview with Bank Indonesia's deputy governor
In an interview published this week, Bank Indonesia senior deputy governor Miranda Gultom said the central bank is preparing to introduce new money-market instruments to address the alarming sag in the local currency and perceived shortcomings of present…
What has Trichet achieved as the ECB's President?
Jean-Claude Trichet has now been president of the ECB for eighteen months, and if you measure his performance by the narrow mandate of price stability, then he has done his job, this article says. Yet if you were to gauge his performance by a wider…
Bangladesh Bank gets new chief
The Bangladesh government has appointed Salehuddin Ahmed as the new governor of the country's Central Bank, the Zee News website reported on Friday 29 April.
Bofinger named favourite to replace Issing at ECB
German Chancellor Gerhard Schroeder's government hasn't decided yet who will succeed European Central Bank Chief Economist Otmar Issing when he retires next year, government spokesman Bela Anda said Friday, after reports named Peter Bofinger as a…
Fischer to begin at Bank of Israel on Sunday
Stanley Fischer is scheduled to start his new job as the governor of the Bank of Israel on Sunday 1 May.
Ecuadoran congress fires central bank directors
The Central Bank of Ecuador (BCE) was left leaderless on Thursday 28 April after the National Congress dismissed the members of its board, the BBC Monitoring Service reported.
Bundesbank may cut further 1,100 staff
According to the Bundesbank's works council the German central bank is planning to cut a further 1,100 jobs to add to the 5,000 redundancies already announced.