Mark Carney, governor of the Bank of Canada, has been appointed chairman of the Financial Stability Board (FSB). He succeeds Mario Draghi after the former governor of the Bank of Italy took over as president of the ECB.
In addition, Philipp Hildebrand was appointed vice-chairman at the FSB and is currently chairman of the governing board of the Swiss National Bank.
The announcement came as G20 leaders were meeting at Cannes focusing on eurozone crisis resolution. Another meeting before the end of the year has been proposed as key elements of any deal on Greece are heavily disputed.