ED Meets with Strategic Partners at the 82nd BIS AGM

SEACEN ED MEETS WITH STRATEGIC PARTNERS

AT THE 82ND BIS AGM

23-24 June 2012

BASEL, SWITZERLAND

The SEACEN Centre, represented by its Executive Director, Mr. Hookyu Rhu, had the opportunity to further strengthen collaboration and ties with the BIS when he attended the 82nd Annual General Meeting of the Bank for International Settlements (BIS) in Basel, Switzerland from 23 to 24 June 2012. During his visit, Mr. Rhu had the opportunity to meet senior officials of the BIS and affiliated institutions such as the Financial Stability Institute (FSI), Central Bank Governance Forum, and Financial Stability Board to discuss existing and future collaboration and assistance in learning and research activities. He also had the opportunity to meet with the Director General of Center for Latin American Monetary Studies (CEMLA).

In his meeting with Mr. Jaime Caruana, General Manager of BIS, Mr. Rhu briefed him on SEACEN-BIS collaborative programmes as well as to thank him and BIS for support in SEACEN activities. Mr. Caruana was also briefed on the upcoming SEACEN Governors’ Conference in Mongolia. Mr. Caruana was pleased that the collaboration between SEACEN and BIS has strengthened over the years and reiterated that the BIS would continue to collaborate with SEACEN in building capacity of the central banking community in Asia-Pacific. Mr. Rhu also had a meeting with Mr. Hervè Hannoun, Deputy

General Manager of the BIS, to thank him as well as to convey the SEACEN Governors’ appreciation for BIS’ cooperation over the years.

Mr. Rhu subsequently met with Mr. Javier Guzman Calafell, Director General of CEMLA, to discuss the progress of SEACEN-CEMLA initiatives such as the annual joint conference, joint publications, joint website and technical assistance programme. Mr. Rhu and Mr. Guzman also discussed other possible areas of collaboration and cooperation.

Mr. Rhu also met with the following BIS officials: Mr. Stephen Cecchetti, Economic Adviser and Head of Monetary and Economic Department (MED); Mr. Philip Turner, Deputy Head, MED and Director of Policy, Coordination and Administration; Mr. Dietrich Domanski, Head of Policy and Coordination; Mr. Eli Remolona, Chief Representative, BIS Representative Office for Asia and the Pacific; Mr. Pierre Panchaud, Assistant General Counsel; Mr. David Archer, Secretary, Central Bank Governance Group; Mr. Claudio Borio, Deputy Head, MED and Director of Research and Statistics; Mr. Paul van Den Bergh, Head of Statistics and Research Support; Mr. Philip Wooldridge, Head of International Banking and Financial Statistics; Mr. Kaushik Jayaram, Head of Administration, MED; Mr. Josef Tošovský, Chairman, Financial Stability Institute; Ms Betsy Roberts, Director, Financial Stability Institute; and last but not least Mr. Marc Hollander, Special Advisor on Financial Stability and Market Structure.

Going forward, with the commitment of CEMLA, BIS and its affiliated institutions to continue collaboration, a stronger partnership with SEACEN is expected to be forged in the years to come. The SEACEN Centre would like to take this opportunity to thank CEMLA, the BIS and affiliated institutions for their technical assistance and provision of resource speakers which have been vital in the implementation of SEACEN’s programme of activities.

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