People
Ex-deputy Muto endorses Bank of Japan’s anti-inflation targeting stance
Former Bank of Japan deputy governor Toshiro Muto says introducing inflation targets, as government wishes, will not cure deflation; analysts agree
Fed finally set for full complement of governors
Senate Banking Committee okays Janet Yellen for Fed vice-chair; Peter Diamond and Sarah Raskin also approved for Fed board; first time six governors have served the Fed in more than four years
Kosovo’s incarcerated governor hit with fresh charges
Kosovo’s central bank governor Hashim Rexhep charged with allegedly abusing official position and receiving bribes
Kosovo’s governor arrested
Kosovo central bank governor Hashim Rexhep arrested on alleged corruption charges, central bank to be investigated
Maiden Lane chief to head NY Fed banking supervision from 2011
New York Fed’s Sarah Dahlgren to replace William Rutledge as head of supervision; Rutledge to retire in December
Former HKMA head Yam set to join UBS board
Swiss investment bank UBS nominates HKMA former chief executive Joseph Yam as candidate to its board of directors.
Volcker philosophical on weakened rule, reform bill
Former Fed chairman Paul Volcker says failure to include dollar limit on banks’ positions in hedge funds “disappointing”, but accepts need for political compromise
Fed names new regional chairs
Washington-based board announces heads of 12 Federal Reserve banks for 2010; none from banks
Yam joins China Investment Corporation
Former HKMA chief executive Joseph Yam appointed to sovereign wealth fund’s international advisory council
ECB draws Hungarian government’s fire over pay dispute
European Central Bank opinion on proposed wage cap at National Bank of Hungary angers government; prime minister plans objection
Bank of Japan appoints first female branch manager
Tokiko Shimizu becomes first woman to head regional branch of central bank
Four former governors join Central Banking’s advisory board
Joseph Yam, Y.V. Reddy, Don Brash and Ludek Niedermayer join Central Banking Publications editorial advisory board
Bangkok names new central bank governor
Thailand’s cabinet selects former Securities and Exchange Commission chief Prasarn Trairatvorakul to take over as central bank head; markets, analysts welcome announcement
Interview: Sanusi Lamido Sanusi
The governor of the Central Bank of Nigeria discusses banking reform, the Volcker rule, and the role of lenders in society
EXCLUSIVE: Nigeria’s Sanusi explains banking sector bloodletting
Nigerian central bank chief Sanusi Lamido Sanusi explains why he had to “decimate” opposition to his sweeping bank reforms; says Volcker rule poses no conflict with the true task of banks
Klaus Regling to head euro bailout vehicle
German economist and former director general Klaus Regling to head European Financial Stability Facility set up to bail out troubled eurozone states
Canada names Goldman banker as governor’s adviser
Goldman Sachs’ Canadian chief executive officer appointed special adviser to the governor
Second UK FSA managing director quits
British regulator announces the second resignation of a top-level official within the month; head of banking supervision Jon Pain says no role for him in new supervisory structure
Canada’s Carney named CGFS chair
Bank of Canada governor Mark Carney to step into Federal Reserve vice-chairman Donald Kohn’s shoes and head Basel-based Committee on the Global Financial System; follows Kohn’s retirement
Czech rate-setter Tomšik promoted to vice governor
Czech National Bank chief executive director Vladimír Tomšik named second vice governor; economist Kamil Janáček gets Tomšik’s vacated director role, completing rate-setting board
Agathe Côté named new Bank of Canada deputy
Bank of Canada adviser Agathe Côté named as replacement to Duguay after deputy governor retires
Hungary’s Simor breaks silence on government attacks
National Bank of Hungary governor András Simor slams repeated attacks of central bank and proposal to interfere with central bankers’ pay; government could force Simor out, analysts think
Naidene Ford-Hoon to head Sarb financial services wing
Accountant Naidene Ford-Hoon replaces Gerrie Terblanche as head of financial services at the South African Reserve Bank
Singer named new Czech National Bank governor
Vice governor Miroslav Singer appointed CNB governor for six-year term