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Volcker steps down as economic adviser to Obama
President Obama announces departure of former Fed chair Paul Volcker from Economic Recovery Advisory Board; appoints General Electric's Jeff Immelt as head of new Council on Jobs and Competitiveness
Riksbank’s Öberg to quit at end of this year
Departure to come at the same time as Nyberg’s and Ingves’s departures
ESRB elects sub-committee heads
European Systemic Risk Board elects Poland’s Marek Belka, Italy’s Mario Draghi, Cyprus’ Athanasios Orphanides, Germany’s Axel Weber, to steering committee
Tombini’s inflation credentials strengthened by Brazil rate hike
Central Bank of Brazil lifts target rate by half a point to contain burgeoning price pressures; hike comes in first rate-setting meeting under charge of new governor Alexandre Tombini
IMF deputy managing director Portugal to leave Fund
Fund’s deputy managing director Murilo Portugal steps down to pursue vacant presidency role at Brazilian Banking Federation
Central Banking’s advisory board adds Stern, Sheng, Heikensten
Gary Stern, Andrew Sheng and Lars Heikensten join Central Banking Publications’ editorial advisory board
RBI’s Sinha promoted to deputy governor
Reserve Bank of India appoints executive director Anand Sinha to fourth and final deputy governor position
Fed sets up diversity and inclusion offices
Federal Reserve opens diversity and inclusion offices across the country in bid to step up equal employment opportunities in federal agencies
Belgium’s Praet, ex-Slovak deputy Kohútiková up for ECB board
National Bank of Belgium executive director Peter Praet and former National Bank of Slovakia deputy governor Elena Kohútiková nominated for ECB executive board seat to be vacated by Gertrude Tumpel-Gugerell
World Bank economist has replaced Tunisian governor: central bank source
World Bank’s Mustapha Kamel Nabli said to have succeeded Taoufik Baccar as head of Tunisian central bank; move comes amid allegations President Ali’s wife seized gold from central bank coffers
Calomiris to join Bank as Houblon-Norman fellow
US academic Charles Calomiris set to spend three months at the Bank of England, to examine development of Bank’s lender-of-last-resort role
Anglo chiefs approached me before crash: ex-central bank director
Former Central Bank of Ireland director Alan Gray says chairman and chief executive of now state-owned Anglo Irish Bank approached him over liquidity stress in lead up to government guarantee, crisis
Virtual art showcase centrepiece of Finnish website re-launch
Bank of Finland unveils renovated internet portal at new address, featuring virtual tours of building and extensive art collection
Argentinean central bank okays $7.5 billion loan to state
Central Bank of Argentina approves loan of $7.5 billion of reserves to repay bondholders; move is central bank’s latest measure to bail out government
BIS appoints Chile’s De Gregorio to chair regional consultation group
Central Bank of Chile governor De Gregorio succeeds former Central Bank of Brazil governor Henrique Meirelles as head of Bank for International Settlements Consultation Council for the Americas
Shirakawa elected vice-chair of BIS board
Bank of Japan governor Masaaki Shirakawa picked to succeed Hans Tietmeyer as vice-chair of Bank for International Settlements’ board of directors
Obama determined to appoint Diamond to Fed board
United States President Barack Obama pushes for third nomination of Nobel laureate Peter Diamond to Federal Reserve Board
Iceland names new director of operations and human resources
Director to replace Ingvar Sigfússon, set to retire in the coming months
Yeritsyan rejoins Armenian central bank in reshuffle
Armenian economy minister Nerses Yeritsyan returns to central bank as vice-chairman; former vice-chairman Vache Gabrielyan becomes finance minister
RBA’s Edey elected head of influential OECD committee
Reserve Bank of Australia assistant governor Malcolm Edey selected as chair of financial markets committee
Ukraine’s Stelmakh bows out
National Bank of Ukraine governor Volodymyr Stelmakh tenders resignation over a year past expiry of term; first deputy governor Serhii Arbuzov named his replacement
Fiji's Reddy resigns
Reserve Bank of Fiji governor Sada Reddy resigns from his post for unspecified reasons; deputy Barry Whiteside to serve as interim governor
RBA names new assistant governor for currency
Reserve Bank of Australia promotes Michele Bullock to assistant governor for currency; Bullock steps in following transfer of Bob Rankin to central bank's London office
Former Czech governor Tůma joins KPMG
Ex-Czech National Bank governor Zdeněk Tůma joins consulting and auditing firm; tells local media he is keeping an eye on Prague administration