The Basel Committee on Banking Supervision announced the appointment of Carolyn Rogers as its next Secretary General for an initial term of three years. Ms Rogers will also serve as the Chair of the Committee's Policy Development Group. She has 20 years of executive management experience in the financial services industry, having worked in both the public and the private sector. Since mid-2016, Ms Rogers has been the Assistant Superintendent of Regulation at the Office of the Superintendent of Financial Institutions (OSFI) in Canada and also OSFI's representative on the Basel Committee. Ms Rogers will assume her new responsibilities on 14 August 2019.
Pablo Hernández de Cos, Chairman of the Basel Committee and Governor of the Bank of Spain, said: "Carolyn has a strong supervisory and regulatory background and has been an active and highly respected member of the Basel Committee over the past three years. Carolyn's broad experience, in-depth understanding of the Basel Committee and leadership skills make her an ideal appointment to the position of Secretary General. I look forward to working with her in the coming years."
Mario Draghi, Chairman of the Basel Committee's oversight body, the Group of Central Bank Governors and Heads of Supervision (GHOS), and ECB President, expressed his appreciation of William Coen, who has served as Secretary General since 2014, having first joined the Committee in 1999. He said, "Bill has done a tremendous job leading the Secretariat over the past five years, playing a pivotal role in the successful completion of the Basel Committee's post-crisis regulatory reforms. On behalf of the GHOS and the Basel Committee, I would like to thank Bill for his dedication, professionalism and commitment to the job, and I wish him the very best for the future."
Re-disseminated by The Asian Banker