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Draghi strikes familiar chord on eurozone’s future
Bank of Italy governor Mario Draghi stresses importance of fiscal discipline, says monetary union is sound
Belgium’s Praet to be nominated to ECB executive board
Eurozone finance ministers recommend National Bank of Belgium executive director Peter Praet to European Central Bank executive board
Bond purchase frictions convinced Weber to drop out of ECB race
Bundesbank's Axel Weber says divergent views on ECB’s bond purchases meant he was no longer an acceptable candidate to succeed Trichet; stresses he was right to stick to his guns
Weber to quit Buba in April
Bundesbank confirms president will step down in coming months; term was due to end in 2012
Lebanon’s Salameh defends scandal-hit bank
Bank of Lebanon governor Riad Salameh offers support to Lebanese Canadian Bank after accusations by US Treasury of ties to illicit activities and terrorist organisations
Warsh quits Fed
Federal Reserve board member Kevin Warsh plans to step down from Fed seven years before term ends
Weber does not plan on second term: Bundesbank source
Bundesbank president Axel Weber set to quit central bank in spring 2012 at the latest
Czech President names new rate-setter
Czech economist Lubomír Lízal to replace Robert Holman on Czech National Bank rate-setting committee; bank board member Pavel Řežábek reappointed for second term
SEC names new general counsel
Securities and Exchange Commission appoints deputy general counsel for litigation and adjudication Mark Cahn to head regulator’s law department
FDIC names new general counsel
Federal Deposit Insurance Corporation selects special adviser Michael Krimminger to head legal division
Enria, Maijoor, Bernardino confirmed as ESA chairs
Andrea Enria, Steven Maijoor and Gabriel Bernardino get parliamentary seal of approval to head up European supervisory authorities
HK SFC’s Wheatley to head new UK regulator
Hong Kong Securities and Futures Commission’s Martin Wheatley named CEO designate of new consumer regulator; becomes head of FSA’s consumer and business wing in September
ECB’s Bini Smaghi pays tribute to Padoa-Schioppa
European Central Bank executive board member Lorenzo Bini Smaghi discusses the late Tommaso Padoa-Schioppa’s vision for the eurosystem
Budapest can muscle in on rate-setting council, but will not control policy: Simor
National Bank of Hungary governor András Simor says even if the Hungarian government gets its way on the appointment of external rate-setters, appointees will have deliver on the central bank’s goals
Australia’s McKibbin could miss out on third term
Treasurer Wayne Swan suggests Reserve Bank of Australia external board member Warwick McKibbin will not be reappointed for third five-year stint
Bank Negara Malaysia promotes three directors to assistant governor
Malaysia’s central bank appoints Donald Joshua Jaganathan, Abu Hassan Alshari bin Yahaya and Marzunisham bin Omar to assistant governor
Philippines’ Tetangco to get second term: reports
Central Bank of the Philippines governor Amando Tetangco reportedly set to be offered second term at the helm; Tetangco credited with anchoring inflation expectations following recent spikes
West African central bank governor quits
Central Bank of West African States governor Philippe Henri Dacoury-Tabley steps down amid claims he did not cut off funds to beleaguered Ivory Coast president Laurent Gbagbo
Nabli takes reins at Tunisian central bank
Former World Bank Middle East and North Africa chief economist Mustapha Kamel Nabli confirmed as governor of Central Bank of Tunisia
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