CPMI - Organisation and governance
The Global Economy Meeting (GEM) is the governing body of the CPMI. The CPMI reports to the GEM and, through the Economic Consultative Committee (ECC), seeks the GEM's endorsement for major decisions.
The Committee is composed of representatives of its members and meets about three times per year. CPMI members may appoint one representative and one alternate to attend Committee meetings. Decisions are reached by way of consensus among members.
The Committee may establish working groups to perform specifically assigned tasks or functions.
Chair of the CPMI
Fabio Panetta, Governor of the Bank of Italy
Term: Nov 2023 - present
Head of Secretariat
Tara Rice, Bank for International Settlements
Term: Jun 2020 - present
See the CPMI charter to find out more about the CPMI's organisation and governance.
Past Chairs
2020-23 | Jon Cunliffe, Deputy Governor of the Bank of England |
2013-19 | Benoît Cœuré, Member of the Executive Board of the European Central Bank |
2012-13 | Paul Tucker, Deputy Governor, Financial Stability of the Bank of England |
2009-12 | William C Dudley, President and CEO of the Federal Reserve Bank of New York |
2005-09 | Timothy Geithner, President and CEO of the Federal Reserve Bank of New York |
2000-05 | Tommaso Padoa-Schioppa, Member of the Executive Board of the European Central Bank |
1998-2000 | Wendelin Hartmann, Member of the Board of the Deutsche Bundesbank |
1994-98 | William McDonough, President and CEO of the Federal Reserve Bank of New York |
1990-94 | Wayne Angell, Member of the Board of Governors of the Federal Reserve System |