Feature
Renminbi reserves are still relatively small
Renminbi investments still account for much smaller fraction of global forex reserves than China’s significance in world economy would merit
Lifetime achievement: Zhou Xiaochuan
Former PBoC governor stands out for his high levels of integrity, intellectual rigour and bold reforms
Governor of the year: Karnit Flug
Bank of Israel’s first female governor delivered some hard-fought reforms during her time in office
Central bank of the year: Monetary Authority of Singapore
Fintech pioneer has strong monetary policy, financial stability and supervisory record
Economics in central banking: Greg Kaplan, Benjamin Moll and Gianluca Violante
‘Monetary policy according to Hank’ boosts realism of core economic models
Website of the year: Sveriges Riksbank
Redesign has resulted in users engaging with more content
Risk manager: Saudi Arabian Monetary Authority
Multi-year overhaul of Saudi central bank’s risk architecture has come to fruition
Risk management technology: Vermeg
Dutch company won high-profile tender for Eurosystem Collateral Management System
Professional services initiative: World Gold Council
Trade body developed guidance to bring greater consistency to monetary gold accounting practices
Advisory services: Deloitte
Central bank footprint includes new projects on cyber resilience in Canada, fintech in Saudi Arabia, DLT in Hong Kong
Treasury systems initiative: Ion Treasury
Ion’s purchase of Openlink boosted central bank business, with ECB being a ‘jewel in its crown’
Data services: Vizor Software
Irish tech company has rolled out major updates to pave way for more agile supervision
Outstanding contribution for capacity building: Warren Coats
For extraordinary work with more than 20 central banks in highly challenging circumstances
Transparency: National Bank of Ukraine
Ukrainian central bank has made strong progress in improving transparency during challenging year
Payments and market infrastructure development: Reserve Bank of Australia
RBA has spearheaded development of upgraded retail payment system that includes real-time settlement
Currency manager: Bank of Israel
Israeli central bank is revolutionising management of country’s banknotes, while maintaining security
Currency services: De La Rue
UK-based banknote provider secured new clients and transformed focus towards technology in 2018
Currency innovation: Giesecke+Devrient Currency App
German company has helped central banks improve educational outreach to bolster national currency security
Financial inclusion initiative: Federal Reserve Bank of St Louis
Improvements in bank’s financial inclusion initiatives are helping tackle polarisation of economic education
Financial market infrastructure services: ParFX
Forex platform has pioneered market-driven effort to tackle concerns about poor market behaviour and distrust
Reserve manager of the year: Bank of Mexico
The Latin American central bank has adopted a forward-looking asset allocation strategy as well as embracing absolute return approaches
Asset manager of the year: State Street Global Advisors
US financial group used global presence, and equity and fixed income expertise, to expand client base
Global markets award: HSBC
HSBC’s global reach and expertise in emerging Asian markets has supported long-term central bank clients
Innovation in reserve management: BNP Paribas Asset Management
Asset manager developed new fixed income investment strategies in 2018, delivering strong returns and diversification for clients