Organisation and governance
The Central Bank Governance Group (CBGG) comprises Governors from nine BIS member central banks as standing members. It is chaired by Lesetja Kganyago, Governor of the South African Reserve Bank. The Chair may invite additional governors to join CBGG discussions as guests when the topic is of particular relevance or interest to them. The Chair is chosen from among the members of the CBGG by its members. The Chair provides annual reports on the activities of the Governance Group to all BIS member central banks at the All Governors’ Meeting. The CBGG Secretariat is hosted and supported by the BIS in Basel.
CBGG Chair
Lesetja Kganyago, Governor of the South African Reserve Bank (SARB) is the chair of the CBGG.
| Veerathai Santiprabhob Thailand | 2017-2020 |
| Stefan Ingves Sweden | 2016-2017 |
| Zeti Akhtar Aziz Malaysia | 2013-2016 |
| Stanley Fischer Israel | 2009-2013 |
| Guillermo Ortiz Mexico | 2006-2009 |
| Joseph Yam Hong Kong SAR | 1999-2006 |
| Alice Rivlin United States | 1997-1999 |
Central Bank Governance Network
The work of the CBGG is supported and complemented by that of the Central Bank Governance Network (CBGN), which the BIS established in 1999 as an informal mechanism to facilitate knowledge-sharing on matters of central bank governance. Currently 56 BIS member central banks are represented on the Network. The Network supports information gathering and dissemination among BIS member central banks on related topics. Specialised surveys are conducted through Network members as needed to inform CBGG discussions or provide comparisons across jurisdictions on matters of governance and institutional design.
Membership, meetings and reporting arrangements
| Lesetja Kganyago Chair | South African Reserve Bank |
| Andrew Bailey | Bank of England |
| Victoria Rodríguez Ceja | Bank of Mexico |
| Rosanna Costa | Central Bank of Chile |
| Abdul Rasheed Ghaffour | Central Bank of Malaysia |
| Kazuo Ueda | Bank of Japan |
| Perry Warjiyo | Bank Indonesia |
| Ida Wolden Bache | Central Bank of Norway |
| Frank Elderson | European Central Bank |
The CBGG normally meets on the occasion of bimonthly meetings of Governors of BIS member central banks. There are no public releases of the meeting agendas or discussions.
The CBGG Chair reports to the All Governors’ Meeting, which comprises a group of all BIS member central bank governors.
Central Bank Governance Group and Network Secretariat
Sarah Bell is the head of the Central Bank Governance Group Secretariat and the Central Banking Studies unit at the BIS.
