Βρετανία: Ο Καναδός Μ. Κάρνεϊ στην κεφαλή της BoE

Ο υπουργός Οικονομικών της Βρετανίας Τζορτζ Όσμπορν ανακοίνωσε ότι ο Καναδός Μάρκ Κάρνεϊ θα αναλάβει νέος διοικητής της κεντρικής τράπεζας της Αγγλίας.

Ο κ. Κάρνεϊ θα αναλάβει την θέση του Σερ Μέρβιν Κινγκ που αποχωρεί.

Η απόφαση για τον Καναδό τραπεζίτη δεν ήταν αναμενόμενη και προκάλεσε έκπληξη στην αγορά.

Ο κ. Όσμπορν θα υπηρετήσει στην Βank of England με 5ετή θητεία.

http://www.euro2day.gr/news/world/125/articles/741315/ArticleNewsWorld.aspx

UK government picks Canadian central bank chief Mark Carney to lead Bank of England next year 

The appointment of Mark Carney to succeed Sir Mervyn King as governor of the Bank of England is as daring as it is surprising. The 47-year-old governor of the Bank of Canada has an enviable reputation as a central banker and, in his role as chairman of the Financial Stability Board for the G20 countries, a high international profile. After the Federal Reserve’s Ben Bernanke and Mario Draghi at the European Central Bank, he is the world’s best-known central bank governor. On his watch, Canada has weathered the economic storm of the past four years far more comfortably than most other major economies.

Mr Carney was, it seems, always George Osborne’s first choice for the job but was thought to have ruled himself out of the running. The Chancellor clearly has great persuasive skills. The fact that Mr Carney has been able to sign a five-year contract rather than the eight-year appointment that was advertised was presumably the deal-maker (in addition to the reported £624,000 pay package). When Sir Mervyn stands down next summer, Mr Carney will become the Bank’s 120th governor – and the first non-Briton since its foundation in 1694, though he is, of course, a subject of the Queen.

In his Commons announcement yesterday, Mr Osborne described Mr Carney as “the outstanding central banker of his generation, with unparalleled expertise in financial regulation”. The Chancellor said he would bring a “fresh perspective” to the job, and this goes to the heart of the matter. The Bank of England is at a crossroads, about to take on a complex new regulatory role in addition to its control of monetary policy. Mr Osborne has seized the opportunity to try to inject some fresh ideas into a rather fusty institution. At the same time he is putting a man in charge of City regulation who is not part of the cosy nexus that has developed between Threadneedle Street and the rest of the Square Mile. The other strongly favoured candidate, the Bank’s deputy governor Paul Tucker, may well have suffered from his brush with the Libor scandal. His warm relationship with Barclays’ disgraced head Bob Diamond – “you’ve been an absolute brick,” Mr Tucker wrote in one email – and his admission that he had failed to recognise what was going on did “not look good”, according to the Treasury Select Committee.

Mr Carney’s background is as an investment banker with Goldman Sachs and he has worked for them in London. He will know the City well and should, in return, command its respect. His chairmanship of the Financial Stability Board not only gives him unique insights into the international banking regulations that will have an increasing impact on the Bank of England but also puts him at the heart of global banking’s enormously complex reform agenda. He also has the benefit of being untainted by the policy mistakes that led to the financial crash in this country – none of the other serious contenders for the job could claim that. At the same time, Mr Carney will not be part of the groupthink for which the Bank of England has been much criticised. As an outsider with fresh ideas, he will be perfectly placed to spur open debate and new thinking. Mr Carney is also an engaging individual and a good communicator and promises to be a persuasive and accessible public face of the Bank.

Most of all, this appointment sends out a powerful message to the world. This country is a world leader in financial services – arguably the global leader – and wants the best in the world to run its central bank. This is a country that has the confidence to be open to outsiders in the same way that it is open to trade and finance. This is an interesting choice, and a bold one.

http://www.telegraph.co.uk/comment/telegraph-view/9703252/Carney-the-outsider-can-spur-change-at-the-Bank.html