Stefan Ingves
Stefan Nils Magnus Ingves (born 23 May 1953) is a Swedish banker, economist and civil servant currently serving as the Governor of Sveriges Riksbank, the central bank of Sweden.
Stefan Ingves | |
---|---|
Governor of Sveriges Riksbank | |
Assumed office 1 January 2006[1] | |
Deputy | Kerstin af Jochnick |
Preceded by | Lars Heikensten[2] |
Personal details | |
Born | Stefan Nils Magnus Ingves 23 May 1953 Turku, Finland |
Nationality | Swedish[3][N 1] |
Alma mater | Stockholm School of Economics[3] |
Occupation | Banker and civil servant. |
Profession | Economist.[3] |
Early life
Ingves has a Finland Swedish background.[3]
In 1984, he earned a Ph.D. in Economics at the Stockholm School of Economics.[4]
Career
Ingves was named Governor of Sveriges Riksbank in 2006.[3] In response to the Icelandic financial crisis of 2008, Ingves argued that "in times of uncertainty and turmoil, the central banks have a responsibility to cooperate." [5] Ingves confronted the "task of safeguarding macroeconomic and financial stability" in 2008;[6] and in 2009, he presided over a decline to the lowest official Swedish interest rate since records began in 1907.[7]
From 2011 until 2019, Ingves served as the Chairman of the Basel Committee on Banking Supervision.[8][9]
Other activities
- Bank for International Settlements (BIS), Ex-Officio Member of the Board of Directors[10]
- Financial Stability Board (FSB), Ex-Officio Member of the Standing Committee on Supervisory and Regulatory Cooperation
- International Monetary Fund (IMF), Ex-Officio Member of the Board of Governors[11]
Selected works
In a statistical overview derived from writings by and about Stefan Ingves, OCLC/WorldCat encompasses roughly 40+ works in 50+ publications in 3 languages and 150+ library holdings .[12]
- Den oreglerade kreditmarknaden : en expertrapport från 1980 års kreditpolitiska utredning (1981)
- Aspects of Trade Credit (1984)
- The Nordic Banking Crisis from an International Perspective (2002)
- Issues in the Establishment of Asset Management Companies (2004)
- Lessons Learned from Previous Banking Crises: Sweden, Japan, Spain, and Mexico (2009)
- Central Bank Management (2009)
Notes
- Nationalencyklopedin article about Ingves doesn't mention any nationality which per default means that the individual in question is Swedish. Also according to the Instrument of Government 1974, Chapter 11: Administration of justice and general administration Archived 15 June 2010 at the Wayback Machine, Article 9, Paragraph 3 only a Swedish citizen can serve as the head of an agency under the Riksdag. This requirement has been removed from the Constitution from 1 January 2011, and is instead supposed to be regulated in an ordinary law.
References
- "Stefan Ingves". Sveriges Riksbank. 4 May 2010. Archived from the original on 27 August 2010. Retrieved 2 September 2010.
- "Lars Heikensten". Nationalencyklopedin (in Swedish). Retrieved 2 September 2010.
- "Stefan Ingves". Nationalencyklopedin (in Swedish). Retrieved 2 September 2010. (subscription required)
- Riksbank, Ingves CV
- Landler, Mark. "3 Nordic Banks Help Iceland Prop Up Currency," New York Times. 17 May 2008; retrieved 17 August 2011
- "Nordic central banks act to support Icelandic currency," New York Times. 16 May 2008; retrieved 17 August 2011
- "Swedish central bank cuts rates to record 1 percent," New York Times. 1 November 2009; retrieved 17 August 2011
- Fact sheet - Basel Committee on Banking Supervision at the Bank for International Settlements website
- Caroline Binham (March 7, 2019), Bank of Spain governor appointed head of Basel Committee for banks Financial Times.
- Board of Directors Bank for International Settlements (BIS).
- Board of Governors International Monetary Fund (IMF).
- WorldCat Identities: Ingves, Stefan 1953-
Government offices | ||
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Vacant Title last held by Lars Heikensten |
Governor of Sveriges Riksbank 2006 - present |
Incumbent |