Governance 2026
Non-executive directors earn five times less than governors
NEDs work an average of 14 hours weekly, Governance Benchmarks 2026 find
Governors of smaller central banks earn slightly below global average
But governors’ salaries remain above $200,000 a year
European governors serve longest average term length
Central bank governors rarely appointed for one term or 3+ terms
One-fifth of central banks say governing laws are inappropriate
Government still sets salaries at one-tenth of jurisdictions
One in five smaller central banks lacks fining powers
Respondents still widely manage FX reserves and act as lender of last resort