Global Finance’s annual evaluation of the work of the world’s central bankers found some stellar performances, and some dismal ones. The toughest challenge for many: propping up falling prices.
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GRADES BY REGION
Country |
Central Bank Governor |
Grade This Year |
Grade Last Year |
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THE AMERICAS |
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|
Argentina |
Alejandro Vanoli |
D |
N/A* |
|
Bolivia |
Marcelo Zabalaga Estrada |
B+ |
B |
|
Brazil |
Alexandre Tombini |
B- |
B- |
|
Canada |
Stephen Poloz |
B- |
B |
|
Chile |
Rodrigo Vergara |
B+ |
A- |
|
Colombia |
José Darío Uribe Escobar |
A- |
A- |
|
Costa Rica |
Olivier Castro Pérez |
B |
B |
|
Ecuador |
Diego Martinez |
Too early to say |
B- |
|
Guatemala |
Julio Roberto Suárez |
D |
N/A* |
|
Mexico |
Agustín Carstens |
B+ |
B |
|
Paraguay |
Carlos Fernández Valdovinos |
A |
N/A** |
|
Peru |
Julio Velarde Flores |
A |
B+ |
|
United States |
Janet Yellen |
A- |
Too early to say |
|
Uruguay |
Mario Bergara |
B |
N/A* |
|
Venezuela |
Nelson Merentes |
D |
D |
EUROPE |
|||
|
Belarus |
Pavel Kallaur |
Too early to say |
N/A* |
|
Bulgaria |
Dimitar Radev |
Too early to say |
N/A* |
|
Czech Republic |
Miroslav Singer |
A |
B+ |
|
Denmark |
Lars Rohde |
B+ |
B+ |
|
European Union |
Mario Draghi |
A |
A- |
|
Hungary |
György Matolcsy |
B |
B- |
|
Iceland |
Már Guðmundsson |
B+ |
N/A** |
|
Norway |
Øystein Olsen |
B+ |
B- |
|
Poland |
Marek Belka |
B |
B- |
|
Romania |
Mugur Isărescu |
B |
B |
|
Russia |
Elvira Nabiullina |
B |
B |
|
Sweden |
Stefan Ingves |
B |
B+ |
|
Switzerland |
Thomas Jordan |
B+ |
A |
|
Turkey |
Erdem Başçı |
C |
B- |
|
Ukraine |
Valeria Gontareva |
C |
Too early to say |
|
United Kingdom |
Mark Carney |
B |
B- |
ASIA |
|||
|
Australia |
Glenn Stevens |
B |
B+ |
|
Azerbaijan |
Elman Rustamov |
C |
C |
|
Bangladesh |
Atiur Rahman |
B- |
C |
|
China |
Zhou Xiaochuan |
C |
B- |
|
Hong Kong |
Norman Chan |
B |
B |
|
India |
Raghuram Rajan |
A |
A |
|
Indonesia |
Agus Martowardojo |
B- |
B |
|
Japan |
Haruhiko Kuroda |
B |
B+ |
|
Kazakhstan |
Kairat Kelimbetov |
B- |
C |
|
Malaysia |
Zeti Akhtar Aziz |
A |
A |
|
New Zealand |
Graeme Wheeler |
B |
B |
|
Pakistan |
Ashraf Mahmood Wathra |
B- |
Too early to say |
|
Philippines |
Amando Tetangco Jr. |
A |
A |
|
Singapore |
Ravi Menon |
B- |
B |
|
South Korea |
Lee Ju-yeol |
B |
Too early to say |
|
Sri Lanka |
Arjuna Mahendran |
Too early to say |
N/A* |
|
Taiwan |
Perng Fai-nan |
A |
A |
|
Thailand |
Veerathai Santiprabhob |
Too early to say |
N/A* |
|
Uzbekistan |
Fayzulla Mullajanov |
C- |
D |
|
Vietnam |
Nguyen Van Binh |
B- |
B- |
MIDDLE EAST & AFRICA |
|
|
|
|
Algeria |
Mohammed Laksaci |
B |
B- |
|
Angola |
José Pedro de Morais |
Too early to say |
N/A* |
|
Bahrain |
Rasheed al-Maraj |
B- |
B- |
|
Botswana |
Linah Mohohlo |
B+ |
N/A** |
|
Egypt |
Hisham Ramez |
B |
B |
|
Ethiopia |
Teklewold Atnafu |
B+ |
B- |
|
Ghana |
Henry Kofi Wampah |
C |
C |
|
Iraq |
Abdul Basit Turki |
C |
B- |
|
Israel |
Karnit Flug |
A |
A |
|
Jordan |
Ziad Fariz |
B+ |
B |
|
Kenya |
Patrick Njoroge |
Too early to say |
N/A* |
|
Kuwait |
Mohammad Yusuf Al-Hashel |
B- |
B+ |
|
Lebanon |
Riad Salameh |
B+ |
B |
|
Morocco |
Abdellatif Jouahri |
B+ |
B |
|
Namibia |
Ipumbu Shiimi |
B |
N/A** |
|
Nigeria |
Godwin Emefiele |
C |
Too early to say |
|
Oman |
Hamood Sangour Al Zadjali |
B+ |
B |
|
Qatar |
Abdullah Saud Al-Thani |
B+ |
B |
|
Saudi Arabia |
Fahad al-Mubarak |
A- |
A |
|
South Africa |
Lesetja Kganyago |
B+ |
N/A* |
|
Tunisia |
Chedly Ayari |
B- |
B |
|
Uganda |
Emmanuel Tumusiime-Mutebile |
B |
N/A** |
|
United Arab Emirates |
Mubarak Rashid Al Mansouri |
B |
N/A* |
|
*CB governor was graded in 2014, however a different governor held the office. |
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