People
RBNZ failed ‘test of trust’ after leadership debacle – ex-chair
Arthur Grimes says handling of Orr’s resignation was a failure but impact will only be short term
Cook wins latest round in battle against dismissal from Fed
Court rules that Trump does not appear to have sufficient grounds to fire governor ‘for cause’
People: Former RBI governor appointed to IMF
Plus: Blyth replaces Bowe on BoE’s FPC and WGC teams up with Elton John
Senate unlikely to replace Cook during litigation
Republicans on key committee will not consider nominees until court rules on legality of her dismissal
Ethiopian governor resigns
Mihretu to leave central bank following two years characterised by major economic reforms
People: ECB creates task force to simplify regulation
Plus: Kocher takes over as head of Austria’s central bank
No ‘race to the bottom’ if Fed is forced to cut – Schnabel
ECB board member says politicised US central bank would be “very disruptive”
RBNZ chair resigns amid criticism of former governor’s exit
Finance minister says she would have asked Neil Quigley to quit if he had not stepped down
Firing Cook is not going to be easy, legal experts say
Some scholars criticise the US president’s move, but others say there may be grounds for dismissal
People: Bowman to chair FSB supervisory committee
Plus: New governor in DRC and Rwandan deputy governor steps aside to become PM
People: Olli Rehn to chair ECB’s audit committee
Plus: Gita Gopinath to step down as IMF’s first deputy managing director
Portugal names OECD chief economist as new governor
Álvaro Santos Pereira’s “independence” justifies his appointment to top job, says minister
People: new deputy governor at Central Bank of Ireland
Plus appointments at FATF, Financial Stability Board and European Stability Mechanism
Portugal’s governor remains in place ahead of ECB meeting
Government fails to announce Centeno’s reappointment or replacement after term ends
Olaf Sleijpen to step up to DNB presidency
Klaas Knot says his successor embodies “substance, integrity and the ability to forge connections”
People: April to June 2025
A round-up of central bankers in the news and on the move during the past three months
Slovak court convicts central bank governor of bribery
Kažimír must pay €200,000 or face prison for having paid an official to expedite VAT refunds
Auditors need to make friends and influence people – DNB official
Olaf Sleijpen says central banks’ internal referees need to improve their comms and people skills
Failure to appoint deputies ‘a step back’ – Montenegrin central bank
Bank will “continue to implement its mandate” despite parliament not approving its candidates
Knot calls for more diversity in financial institutions
DNB head says challenges demand “diverse perspectives” as bank aims for full gender balance by 2028
Book notes: Smart money: how digital currencies will win the new Cold War, by Brunello Rosa with Casey Larsen
This alarmist book, although lacking nuance, provides a lucid account of how CBDCs could play a decisive role in geopolitical dominance
Six in 10 at ECB do not trust Lagarde – staff union survey
Survey shows frustration at career progression, employment uncertainty and HR over past decade
RBNZ extends acting governor’s term
Christian Hawkesby to remain in place for six months while board looks for permanent governor
Andrew Bailey to be next FSB chair
Klaas Knot will step down from organisation in June as his term at DNB also comes to an end