World’s Top Central Bankers 2013
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Global Finance Magazine Grades the World's Top Central Bankers 2013

 

Top Central Bankers 2013

New York, August 22, 2013 - Global Finance magazine has named the heads of the central banks of Malaysia, the Philippines and Taiwan as the World’s Best Central Bankers over the past year, in recognition of their achievement of an “A” rating on Global Finance’s Central Banker Report Cards. In addition, the central bankers of Chile and the European Union earned “A-” ratings.

 

The Central Banker Report Cards, published annually by Global Finance since 1994, grades central bank governors of more than 50 key countries (and the European Union) 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 notes: “As developed economies begin the gradual route to recovery and some of the largest emerging markets continue to slow, the world’s central bankers face a challenging time in managing monetary policy to positively influence economic stability and growth. 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.“

 

WORLD'S TOP CENTRAL BANKERS 2013
The Central Bankers earning an “A” rating in the Global Finance Central Banker Report Card are:
Malaysia Zeti Akhtar Aziz A
Philippines Amando Tetangco Jr. A
Taiwan Fai-Nan Perng A
The Central Bankers earning an “A-” rating are:
Chile Rodrigo Vergara A-
European Union Mario Draghi A-
THE AMERICAS: Central Banker Report Cards
Country Central Bank Governors 2013 Grade 2012 Grade
Argentina Mercedes Marcó del Pont D D
Brazil Alexandre Tombini B B
Canada Stephen Poloz Too early to say N/A*
Chile Rodrigo Vergara A- B+
Colombia José Darío Uribe Escobar B+ B
Ecuador Diego Martinez D N/A*
Mexico Agustin Carstens B B+
Peru Julio Velarde Flores B+ B
United States Ben Bernanke B+ B
EUROPE: Central Banker Report Cards
Country Central Bank Governors 2013 Grade 2012 Grade
Belarus Nadezhda Ermakova C C
Czech Republic Miroslav Singer B- B
European Union Mario Draghi A- B
Hungary György Matolcsy Too early to say N/A*
Norway Øystein Olsen B- B
Poland Marek Belka B B
Russia Elvira Nabiullina Too early to say N/A*
Sweden Stefan Ingves B B
Switzerland Thomas Jordan B Too early to say
Turkey Erdem Başçi B+ B
Ukraine Ihor Sorkin Too early to say N/A*
United Kingdom Mark Carney Too early to say N/A*
ASIA-PACIFIC: Central Banker Report Cards
Country Central Bank Governors 2013 Grade 2012 Grade
Australia Glenn Stevens B+ A
Bangladesh Atiur Rahman C C
China Zhou Xiaochuan C B
Hong Kong Norman Chan B N/A**
India Raghuram Rajan Too early to say N/A*
Indonesia Agus Martowardojo Too early to say N/A*
Japan Haruhiko Kuroda Too early to say N/A*
Kazakhstan Grigory Marchenko B+ B+
Malaysia Zeti Akhtar Aziz A A
New Zealand Graeme Wheeler B N/A*
Philippines Amando Tetangco Jr. A A
Singapore Ravi Menon B B
South Korea Kim Choongsoo B+ C
Sri Lanka Ajith Nivard Cabraal B B
Taiwan Fai-Nan Perng A A
Thailand Prasarn Trairatvorakul B+ B+
Vietnam Nguyễn Văn Bình C C
MIDDLE EAST & AFRICA: Central Banker Report Cards
Country Central Bank Governors 2013 Grade 2012 Grade
Algeria Mohammed Laksaci C C
Angola José de Lima Massano B B
Bahrain Rasheed Mohammed Al-Maraj B B
Ethiopia Teklewold Atnafu C- C
Israel Too early to say N/A*
Kenya Njuguna Ndung'u B+ B
Kuwait Mohammad Yusuf Al-Hashel B Too early to say
Lebanon Riad Salameh B C
Morocco Abdellatif Jouahri B B
Nigeria Sanusi Lamido Sanusi C+ B+
Qatar Abdullah Saud Al-Thani B- B
Saudi Arabia Fahad Al-Mubarak B+ B+
South Africa Gill Marcus C C
United Arab Emirates Sultan bin Nasser Al-Suwaidi B- B

*Central Bank governor was graded in 2012, however a different governor held the office.
**New country addition to the Central Bank Report Cards in 2013, therefore no grade was given in 2012.