Fabio Panetta to Chair BIS Board of Directors

Bank of Italy Governor Fabio Panetta will begin a three-year term as chair of the BIS Board of Directors starting June 3. He succeeds Francois Villeroy de Galhau as the central bank umbrella group finalizes a new strategy review and manages global regulatory governance.

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Italy central bank chief Fabio Panetta will chair the Bank for International Settlements Board of Directors for a three-year term starting June 3. Panetta replaces France central bank governor Francois Villeroy de Galhau, who stepped down from his national role a year early. The appointment places Panetta at the head of the global central bank umbrella group during a major strategic review.

Panetta to Lead BIS Strategy Review

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