Management of the BIS
BIS Management is under the overall direction of the General Manager, who is responsible to the Board of Directors for the conduct of the Bank. In accordance with the Bank's Statutes, the General Manager is assisted by the Deputy General Manager. The current members of BIS Management are:
|General Manager||Jaime Caruana|
|Deputy General Manager||Hervé Hannoun|
|Secretary General and Head of General Secretariat||Peter Dittus|
|Head of Banking Department||Peter Zöllner|
|Head of Monetary and Economic Department||Claudio Borio|
|Economic Adviser and Head of Research||Hyun Song Shin|
|General Counsel||Diego Devos|
|Deputy Head of Monetary and Economic Department||Philip Turner|
|Deputy Secretary General||Monica Ellis|
|Deputy Head of Banking Department||Jean-François Rigaudy|
|Chairman, Financial Stability Institute||Josef Tošovský|
The key committees advising the General Manager and Deputy General Manager are the Executive Committee, the Finance Committee and the Compliance and Operational Risk Committee. The first two committees are chaired by the General Manager and the third by the Deputy General Manager, and all include other senior members of the Bank's Management.
The Executive Committee advises the General Manager primarily on the Bank's strategic planning and the allocation of resources, as well as on decisions related to the broad financial objectives for the banking activities and operational risk management.
The Finance Committee advises the General Manager on the financial management and policy issues related to the banking business, including the allocation of economic capital to risk categories.
The Compliance and Operational Risk Committee acts as an advisory committee to the Deputy General Manager and ensures the coordination of compliance matters and operational risk management throughout the Bank. The Committee also advises the Executive Committee on material compliance and operational risk matters.