ECB’s Weidmann Reappointed Head of BIS Board of Directors

10 March 2021

By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member and German Bundesbank President Jens Weidmann was re-elected chair of the Board of Directors of the Bank for International Settlements, the BIS said on Wednesday.

The three-year term, Weidmann’s third in the position, will start in November.

The Board sets BIS strategy and policy direction, supervises management and carries out various tasks. Its 18 members are all central bank governors.