The Board of Directors of the Bank for International Settlements (BIS) announce the re-election of Jens Weidmann, President of the Deutsche Bundesbank, for a second three-year term as Chair of the BIS Board.
The term will commence on 1 November 2018 after the expiration of Mr Weidmann's current term of office. He first assumed his responsibilities as Chair of the BIS Board on 1 November 2015.
The Directors thanked Mr Weidmann for his valuable contributions during his first term and welcomed his continued service to the Bank.