Author: Andrea Fiano, Joseph Giarraputo

Global Finance Magazine names the World’s Top Central Bankers 2011


New York, August 25, 2011 - 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 36 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:

Those scoring in the “A” category in the report published in the October issue of Global Finance are:

Glenn Stevens A
Israel Stanley Fischer A
Lebanon Riad Salameh A
Malaysia Zeti Akhtar Aziz A
Philippines Amando Tetangco Jr. A
Taiwan Fai-Nan Perng A


Country Central Bank Governors Grade 2011 Grade 2010
Argentina Mercedes Marcó del Pont D D
Brazil Alexandre Tombini B+ *
Canada Mark Carney B B+
Chile José De Gregorio B+ B
Mexico Agustin Carstens B B
United States Ben Bernanke C C

Country Central Bank Governors Grade 2011 Grade 2010
Czech Republic Miroslav Singer B Too early to say
European Union Jean-Claude Trichet B- A
Hungary András Simor C C
Norway Øystein Olsen Too early to say *
Poland Marek Belka B Too early to say
Russia Sergei Ignatiev B B
Sweden Stefan Ingves B+ B
Switzerland Philipp Hildebrand B- B-
Turkey Erdem Basci Too early to say *
United Kingdom Mervyn King B B

Country Central Bank Governors Grade 2011 Grade 2010
Australia Glenn Stevens A A
China Zhou Xiaochuan B C
India Duvvuri Subbarao B- C
Indonesia Darmin Nasution B D
Japan Masaaki Shirakawa C C
Malaysia Zeti Akhtar Aziz A A
New Zealand Alan Bollard B B
Philippines Amando Tetangco Jr. A B
Singapore Ravi Menon B *
South Korea Kim Choongsoo C Too early to say
Taiwan Fai-Nan Perng A A
Thailand Prasarn Trairatvorakul B+ *

Country Central Bank Governors Grade 2011 Grade 2010
Angola José de Lima Massano B N/A**
Bahrain Rasheed Mohammed Al Maraj B- N/A**
Israel Stanley Fischer A A
Kuwait Sheikh Salem AbdulAziz Al-Sabah B N/A**
Lebanon Riad Salameh A N/A**
Nigeria Sanusi Lamido Sanusi B+ N/A**
Qatar Abdullah Saud Al-Thani C- N/A**
Saudi Arabia Muhammad Al-Jasser B+ B
South Africa Gill Marcus B B

*A governor for the designated country was rated; however, there was a different governor in 2010.

**A governor for the designated country was not rated in previous years; this is the first annual rating.