BIS Announces Appointment of the New BCBS Chair

Mario Draghi, GHOS Chairman and ECB President, said "the GHOS expresses its gratitude to Stefan Ingves for his strong leadership of the Basel Committee over the past eight years. Under his leadership, the Committee completed its wide-ranging post-crisis Basel III reforms, which have increased the resilience of the global banking system and enhanced its ability to support the real economy. The GHOS looks forward to working with Pablo, as the Committee increasingly focuses its work on evaluating its post-crisis reforms, addressing emerging vulnerabilities in the global banking system, and promoting strong supervision."

Related Link: Press Release

Keywords: International, Banking, BCBS Chair, Leadership Changes, Pablo Hernández de Cos, Bank of Spain, BCBS, BIS