Caruana to join the IMF

The department was created as a result of the merger of the international capital markets department, headed by Gerd Hausler, and the monetary and financial systems department, headed by Stefan Ingves. Hausler announced his intention to leave the IMF in July 2006, while Ingves has been appointed governor of Sveriges Riksbank, Sweden’s central bank.

Caurana’s appointment will become effective in August after he finishes his term on the BCBS.

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