Canada's central bank chief takes FSB reins
07 November 2011 Cannes
Image: Shutterstock
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.
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.
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times