- Bank of Korea Governor Hyun Song Shin appointed Chair of the Bank for International Settlements (BIS) Committee on Payments and Market Infrastructures (CPMI) for a three-year term from 1 November.
- Bank of Canada Governor Tiff Macklem’s role as Chair of the Consultative Council for the Americas (CCA) of the BIS extended until 31 March 2027. Santiago Bausili, Governor of the Central Bank of Argentina, appointed CCA Chair from 1 April 2027, for two years.
The central bank Governors of the Global Economy Meeting (GEM) at the Bank for International Settlements (BIS) have appointed Bank of Korea Governor Hyun Song Shin as Chair of the Committee on Payments and Market Infrastructures (CPMI) for a renewable three-year term.
The CPMI brings together central banks from around the world to monitor and analyse developments in payment, clearing and settlement systems and to develop international standards and guidance.
Mr Shin took up his new role on 1 November 2026. He succeeds Fabio Panetta, Governor of the Bank of Italy and Chair of the BIS Board of Directors.
In addition, the Board of Directors has extended the term of Tiff Macklem, Governor of the Bank of Canada, as Chair of the Consultative Council for the Americas (CCA) until 31 March 2027.
The Board has also appointed Santiago Bausili, Governor of the Central Bank of Argentina, as CCA Chair starting 1 April 2027, for a two-year term.
The CCA was established in May 2008 as an advisory committee to the BIS Board of Directors. It comprises the Governors of the eight BIS member central banks in the Americas: Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru and the United States.
The BIS Representative Office for the Americas, located in Mexico City, provides the secretariat for the CCA.