The Basel Committee on Banking Supervision announced today that it has appointed William Coen as its next Secretary General, for an initial term of three years. He will also serve as the Chairman of the Committee’s Policy Development Group. Mr Coen has close to 30 years of banking and regulatory experience and has been with the Bank for International Settlements for 15 years, having served as the Basel Committee’s Deputy Secretary General for the past seven years. Previously, Mr Coen held various positions with the Board of Governors of the Federal Reserve System. Mr Coen will assume his new responsibilities in mid-June.
More information via press release: http://www.bis.org/press/p140423.htm