BIS appoints Fed man as committee head
Tuesday 10 January 2012 - by Karina Whalley
William Dudley's new role becomes effective immediately for a three-year term at the helm of the Basel body's CGFS.
Dudley has been vocal in the past on harmonising regulation. In 2010, he warned that Basel III and the Dodd Frank accords need to be brought into line as far as possible across the globe, in order to aid their implementation and ensure a level playing field.
He was previously an economist at the Federal Reserve Board and like his predecessor Carney, Dudley worked at Goldman Sachs until 2007, holding the position of chief economist for ten years.
Dudley has a doctorate in economics from the University of California, Berkeley.
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