The Financial Stability Board (FSB) has nominated Andrew Bailey, Governor of the Bank of England, to serve as its next Chair for a three-year term beginning in July.
Bailey currently serves as Chair of the FSB's Standing Committee on Supervisory and Regulatory Cooperation, which seeks to address financial stability risks through coordinated regulatory and supervisory activity and policies. He will replace current FSB Chair Klaas Knot, Governor of De Nederlandsche Bank.
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