The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of last resort to national governments, and a leading supporter of exchange-rate stability. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world."
The Bank for International Settlements (BIS) is an international financial institution which is owned by member central banks. Its primary goal is to foster international monetary and financial cooperation while serving as a bank for central banks. With its establishment in 1930 it is the oldest international financial institution. Its initial purpose was to oversee the settlement of World War I war reparations.
The South African Reserve Bank (SARB) is the central bank of South Africa. It was established in 1921 after Parliament passed an act, the "Currency and Bank Act of 10 August 1920", as a direct result of the abnormal monetary and financial conditions which World War I had brought. The SARB was only the fourth central bank established outside the United Kingdom and Europe, the others being the Federal Reserve, Bank of Japan and Bank of Java. The earliest suggestions for the establishment of the Central Bank in South Africa date back to 1879. A select committee, of ten members of Parliament, was established on 31 March 1920 to examine the benefits to the national interest of the establishing of the central bank.
The Central Bank of Nigeria (CBN) is the central bank and apex monetary authority of Nigeria established by the CBN Act of 1958 and commenced operations on 1 July 1959. The major regulatory objectives of the bank as stated in the CBN Act are to: maintain the external reserves of the country; promote monetary stability and a sound financial environment, and act as a banker of last resort and financial adviser to the federal government. The central bank's role as lender of last resort and adviser to the federal government has sometimes pushed it into murky political controversies. After the end of colonial rule, the desire of the government to become proactive in the development of the economy became visible, especially after the end of the Nigerian civil war, the bank followed the government's desire and took a determined effort to supplement any show shortfalls, credit allocations to the real sector. The bank became involved in lending directly to consumers, contravening its original intention to work through commercial banks in activities involving consumer lending.
Christian Noyer is a French economist who served as Governor of the Bank of France from 2003 to 2015. In this capacity, he chaired the Bank for International Settlements from 2010 until 2015. He had previously served as vice president of the European Central Bank from 1998 to 2002.
The Bank of Mozambique is the central bank of Mozambique. The bank does not function as a commercial bank, and has the responsibility of governing the monetary policies of the country. The president of the Republic appoints the governor. The bank is situated in the capital, Maputo, and has two branches, one in Beira and one in Nampula. The Bank of Mozambique is active in developing financial inclusion policy and is a member of the Alliance for Financial Inclusion.
The Central Bank of The Bahamas is the reserve bank of The Bahamas based in the capital Nassau.
Sir Paul Tucker is a British central banker and author. He was formerly the Deputy Governor of the Bank of England, with responsibility for financial stability, and served on the Bank's Monetary Policy Committee from June 2002 until October 2013 and its interim and then full Financial Policy Committee from June 2011. In November 2012 he was turned down for the position of governor in favour of Mark Carney. In June 2013, Tucker announced that he would leave the Bank of England, and later that he would be moving to Harvard. He was knighted in the 2014 New Year Honours for services to central banking. His first book, Unelected Power, was published in May 2018 and his second book, Global Discord was published in November 2022.
The Financial Stability Board (FSB) is an international body that monitors and makes recommendations about the global financial system. It was established in the 2009 G20 Pittsburgh Summit as a successor to the Financial Stability Forum (FSF). The Board includes all G20 major economies, FSF members, and the European Commission. Hosted and funded by the Bank for International Settlements, the board is based in Basel, Switzerland, and is established as a not-for-profit association under Swiss law.
Riad Toufic Salameh is a Lebanese economist. He previously served as governor of Lebanon's central bank, Banque du Liban, from April 1993 until July 2023. He was appointed Governor by decree, approved by the Council of Ministers for a renewable term of six years. He was reappointed for four consecutive terms; in 1999, 2005, 2011 and 2017. Riad Salameh left his position on 31 July 2023 upon the end of his term, and due to the Lebanese parliament’s failure in electing a new president and forming a new government capable of appointing a successor he was succeeded by his first deputy Wassim Mansouri in an acting capacity
Klaas Henderikus Willem Knot is a Dutch economist and central banker who is the current president of the Dutch central bank De Nederlandsche Bank (DNB). In this capacity he serves as a member of the Governing Council of the European Central Bank (ECB), as well as of the board of governors of the International Monetary Fund (IMF). Knot also holds a position as Professor in Monetary Stability at the University of Amsterdam and honorary professor at the University of Groningen.
Patrick Ngugi Njoroge is a Kenyan economist, banker and the ninth governor of the Central Bank of Kenya.
Iipumbu Wendelinus Shiimi is a Namibian economist who has been the Minister of Finance since 2020. Before that, he served as the Bank of Namibia governor from 2010 until 2020.
Ernest Kwamina Yedu Addison is a Ghanaian economist Who serves as the current and 15th governor of the Bank of Ghana. He had previously worked at the same central bank as director of research from 2003 to 2011, and as an economist at the African Development Bank.
Geoffrey William Seiji Okamoto is an American economist and government official who served as first deputy managing director of the International Monetary Fund. Okamoto previously served as the acting assistant secretary for international finance and development in the United States Department of the Treasury. He was nominated for this position on January 1, 2019, by the White House and was never confirmed by the United States Congress. He previously served as acting assistant secretary for international markets and investment, for which he was also not confirmed.
Pablo Hernández de Cos is a Spanish economist who served as the 70th governor of the Bank of Spain from 2018 to 2024. He also served as chairman of the Basel Committee on Banking Supervision and as chair of the Advisory Technical Committee of the European Systemic Risk Board. He is a professor at IESE Business School.
Guido Sandleris is an Argentine economist who was President of the Central Bank of Argentina.
Daniele Franco is an Italian economist, central banker and civil servant who served as Minister of Economy and Finance in the cabinet of Prime Minister Mario Draghi from 2021 to 2022. From 2020 until 2021, he served as director-general of the Bank of Italy.
Joachim Nagel is a German economist who has been serving as President of the Bundesbank since 2022. Before he was a senior manager of the Bank for International Settlements since 2020, having been a member of the board of the Deutsche Bundesbank from 2010 to 2016 and then a member of the board of the KfW Bankengruppe from 2017 to 2020. He was appointed President of the Deutsche Bundesbank on 1 January 2022, to replace Jens Weidmann. He is a member of the Social Democratic Party of Germany (SPD), along with the President who appointed him to serve initially under SPD Chancellor Olaf Scholz.
Jameel Ahmed is a Pakistani banker who has served as the Governor of the State Bank of Pakistan since August 2022.
