Author: Andrea Fiano, Joseph Giarraputo

Global Finance Magazine Grades the World's Top Central Bankers 2012

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New York, August 23, 2012 - Global Finance magazine has named the heads of the Central Banks of six countries as the World's Best Central Bankers over the past year.

The "Central Banker Report Card" feature, published annually by Global Finance since 1994, grades Central Bank Governors of 50 key countries (and the ECB) on an "A" to "F" scale for success in areas such as inflation control, economic growth goals, currency stability and interest rate management. ("A" represents an excellent performance down through "F" for outright failure.) Subjective criteria also apply.

Global Finance publisher Joseph Giarraputo says: "During one of the toughest years on record, the World's Central Bankers were tested as never before. Every year, we assess the determination of Central Bankers to stand up to political interference, and their efforts at influencing their governments on such issues as spending and economic openness to foreign investment and financial services. "

For editorial information please contact: Andrea Fiano, editor, email: afiano@gfmag.com

Those Central Bankers scoring an "A" in the report published in the October issue of Global Finance include:

Australia Glenn Stevens A
Canada Mark Carney A
Israel Stanley Fischer A
Malaysia Zeti Akhtar Aziz A
Philippines Amando Tetangco Jr. A
Taiwan Fai-Nan Perng A

CENTRAL BANKER REPORT CARDS 2012

THE AMERICAS
Country Central Bank Governors

Grade 2012

Grade 2011

Argentina Mercedes Marcó del Pont

D

D

Brazil Alexandre Tombini B B+
Canada Mark Carney A B+
Chile Rodrigo Vergara B+ *
Colombia José Dario Uribe Escobar B N/A**
Ecuador Pedro Delgado D N/A**
Mexico Agustin Carstens B+ B
Peru Julio Velarde Flores B N/A**
United States Ben Bernanke B C
EUROPE
Country Central Bank Governors

Grade 2012

Grade 2011

Belarus Nadezhda Ermakova C N/A**
Czech Republic Miroslav Singer B B
ECB Mario Draghi B- *
Hungary András Simor C C
Norway Øystein Olsen B Too early to say
Poland Marek Belka B- B
Russia Sergei Ignatiev B+ B
Sweden Stefan Ingves B B+
Switzerland Thomas Jordan Too early to say *
Turkey Erdem Başçi B Too early to say
Ukraine Serhiy Abruzov B N/A**
United Kingdom Mervyn King B- B
ASIA
Country Central Bank Governors

Grade 2012

Grade 2011

Australia Glenn Stevens A A
Bangladesh Atiur Rahman C N/A**
China Zhou Xiaochuan B- B
India Duvvuri Subbarao C B-
Indonesia Darmin Nasution B B
Japan Masaaki Shirakawa C- C
Kazakhstan Grigori Marchenko B+ N/A**
Malaysia Zeti Akhtar Aziz A A
New Zealand Alan Bollard B B
Philippines Amando Tetangco Jr. A A
Singapore Ravi Menon B- B
South Korea Kim Choongsoo C C
Sri Lanka Ajith Nivard Cabraal B N/A**
Taiwan Fai-Nan Perng A A
Thailand Prasarn Trairatvorakul B+ B+
Vietnam Nguyen Van Binh C N/A**
AFRICA & THE MIDDLE EAST
Country Central Bank Governors

Grade 2012

Grade 2011

Algeria Mohammed Laksaci C N/A**
Angola José de Lima Massano B B
Bahrain Rasheed Mohammed Al-Maraj B B-
Ethiopia Teklewold Atnafu C N/A**
Israel Stanley Fischer A A
Kenya Njuguna Ndung’u B N/A**
Kuwait Mohammad Yusef Al-Hashel Too early to say *
Lebanon Riad Salameh C A
Morocco Abdellatif Jouahri B- N/A**
Nigeria Sanusi Lamido Sanusi B+ B+
Qatar Saud Al-Thani B *
Saudi Arabia Fahad Al-Mubarak B+ *
South Africa Gill Marcus C C
United Arab Emirates Sultan Nasser Al-Suweidi B N/A*

*CB governor was rated in 2011, however, a different governor held the office.
**New country addition to Central Bank Report Cards in 2012, therefore no grade was given in 2011.