With deep regret the Bank for International Settlements has learned of the recent death of Sir Andrew Crockett after a long illness.
Sir Andrew was General Manager of the BIS from 1 January 1994 until 31 March 2003. During this time, he led the Bank through a period of considerable change following the creation of the European Monetary Institute, which later became the European Central Bank. In particular, he strongly encouraged the expansion of BIS membership beyond its traditional mostly European base. His work triggered the admission of 19 new member central banks. The Bank also opened offices in Hong Kong and Mexico. More...
Andrew Crockett was General Manager of the Bank for International Settlements from 1 January 1994 until 31 March 2003. He was Chairman of the Financial Stability Forum from April 1999 until 31 March 2003.
From 1972 to 1989 he was a staff member of the International Monetary Fund, and from 1989 to 1993, an Executive Director of the Bank of England. In the latter capacity, he was a member of the Monetary Committee of the European Union, Alternate Governor of the International Monetary Fund for the United Kingdom, and a member (subsequently Chairman) of Working Party 3 of the OECD. He was a member of the Group of Thirty and of the Board of Trustees of the International Accounting Standards Board.
Born in Glasgow in 1943, Mr Crockett was educated at Cambridge and Yale universities. He was married with three children.
