People in the News

Ida Wolden Bache, currently Acting Governor of Norges Bank, has now been appointed Governor, after NATO Secretary General Jens Stoltenberg announced he would not take on the role, his appointment having been announced in early February as the successor to Øystein Olsen. He was due to leave NATO later this year, but his mandate has been extended for a further year due to the crisis caused by Russia’s invasion of Ukraine.

Rhee Chang-yong, currently the director of the Asia and Pacific Department at the IMF, is to be the next Governor of the Bank of Korea, succeeding Lee Ju-yeol, who is stepping down after serving two terms.

The Central Bank of Kuwait has appointed Basel Al-Haroun as the next Governor for a five year term. He will replace Muhammad Yousef al-Hashel, who has held the position since 2012.