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Gambian central bank governor quits
The governor of Gambia's central bank, Famara Jatta, has left the country to take up the less prestigious position of representative of the African Development Bank (ADB) in Sudan.
Front-runners to succeed Canada's Dodge
Who will succeed David Dodge when he retires as governor of the Bank of Canada in January 2008? The two favourites are the senior deputy governor, Paul Jenkins, and ex-central banker Mark Carney, now a senior associate deputy minister of finance, but…
Nigerian central banker becomes finance minister
The president of Nigeria, Umaru Yar'Adua, appointed Shamsuddeen Usman, a deputy governor at the country's central bank since 1999, as finance minister.
Tanzanian governor "will not resign"
The governor of the Bank of Tanzania, Daudi Ballali, called a special press conference at the end of last week in which he denounced mounting allegations against him as "malicious lies and fabrications" and said he had no intention of resigning.
Su heads Chinese central bank's Shanghai office
Su Ning, a deputy governor of the People's Bank of China is to be chief of its Shanghai office. Su succeeds Xiang Junbo, who has been appointed as the president of the Agricultural Bank of China.
Sants named as new FSA chief executive
Hector Sants has been appointed chief executive of Britain's Financial Services Authority (FSA). He will take up the post on 20 July 2007, succeeding John Tiner who steps down at the Annual Public Meeting on 19 July.
Lawmakers turn-up heat on Georgian governor
Speculation that the governor of the National Bank of Georgia, Roman Gotsiridze, may resign intensified after parliament passed a resolution calling for changes at the central bank.
Strauss-Kahn gets EU boost for top Fund job
Dominique Strauss-Kahn, the former French finance minister, looks set to become the next managing director of the International Monetary Fund (IMF) after receiving the support of the finance ministers of the European Union (EU). The current managing…
New French candidate for IMF emerges
A former finance minister of France, Dominique Strauss-Kahn, has emerged as one of the early favourites to become the next head of the International Monetary Fund (IMF). The current managing director, Rodrigo de Rato, announced last month that he would…
New non-executive directors for Bank of England
Roger Carr and Susan Rice have been appointed as non-executive directors of the Bank of England, replacing Sir Graham Hall and Mary Francis.
French honour for Maltese central bank governor
Governor of the Central Bank of Malta, Michael Bonello, has been awarded the Officier de la Legion d'Honneur by the French government.
Pension overhaul at the Bank of England
The Bank of England has traditionally had a generous final salary pension scheme, but it is now reported that it intends to close the scheme and raise the retirement age of new staff from 60 to 65.
Deputy chief of Korean watchdog cleared
Kim Jung-Hoe, a deputy chief of South Korea's financial regulator, the Financial Supervisory Service, has been cleared by a court of receiving bribes from a businessman.
Central banker to head Agricultural Bank
The deputy governor of the People's Bank of China, Xiang Junbo, has been appointed president of the state-owned Agricultural Bank of China, to deal with the bank's $99bn in bad debt and take it public.
Madigan appointed as key aide to Bernanke
The Federal Reserve Board yesterday named Brian F. Madigan as the chief adviser on interest rates to its chairman, Ben Bernanke.Madigan will take over as director of the division of monetary affairs on 23 July.
New Mexican deputy governor confirmed
Roberto del Cuerto has been approved by the Mexican congress to become one of the central bank's four deputy governors. He will fill a position on the bank's monetary policy board which has been vacant for some months.
New head at Canadian regulator
Jim Flaherty, the Canadian finance minister, has announced the appointment of Julie Dickson as the new head of the country's financial services regulator, the Office of the Superintendent of Financial Institutions (OSFI).
Former BaFin employee guilty of embezzlement
A German court has found a former employee of BaFin, Germany's top financial markets regulator, guilty of embezzlement. The employee, whose name was not disclosed, was yesterday sentenced to six years in prison.
No challenge to European at IMF - Paulson
The American Secretary of the Treasury, Henry Paulson, says the United States will not challenge the long-standing tradition of allowing European countires to select the new managing director of the International Monetary Fund.
New acting governor for Nepalese central bank
The government of Nepal has appointed Krishna Bahadur Manandar as the acting governor of Nepal Rastra Bank, the country's central bank. The temporary appointment comes after the suspension of governor Bijayanath Bhattarai.
Olmert ends Bank of Israel's wage dispute
Ehud Olmert, the prime minister of Israel, managed to push through a new wage agreement for the Bank of Israel before relinquishing the finance ministry role he has held in a temporary capacity.
Nepal's central bank governor "suspended"
Bijay Nath Bhattarai, the governor and chairman of Nepal Rastra Bank, the central bank of Nepal, is reported to have been suspended from these positions.
Surprise as de Rato resigns from IMF
Rodrigo de Rato, the managing director of the International Monetary Fund, has announced that he would leave the Fund after its next meetings in October. This will be three years after his appointment and before the end of the normal five-year term.
Bank of England losing economists to the City
The annual report of the Bank of England, published on 25 June, acknowledged concerns about the departure of some of the central bank's economists, seduced away from Threadneedle Street by the promise of higher pay in the financial service sector.