Canadian central bank chief to take over FSB helm

4th November 2011, Comments 0 comments

Canadian central bank chief Mark Carney will take over the helm of banking regulator the Financial Stability Board, German Chancellor Angela Merkel said on Friday.

Carney will replace Mario Draghi, who recently took over as the new chief of the European Central Bank, Merkel said.

Switzerland's top central banker Philipp Hildebrand has also been appointed the FSB's vice-chairman, she added.

© 2011 AFP

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