Shirakawa named as BIS vice-chairman

Masaaki Shirakawa, the governor of the Bank of Japan, has succeeded Hans Tietmeyer as vice-chairman of the Bank for International Settlements (BIS). His term will run until January 2014. Shirakawa is currently chairman of the BIS Asian Consultative Council, and has been a member of the BIS' board since 2008. In April 2008, he was named as governor of the Bank of Japan, and joined the BIS board the next month.

Tietmeyer had been vice-chairman since June 2003; before that, he was president of the

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