The 10 Best Central Bankers In The World (Guess who's not on the list...)

Business Insider ^ | 08/25/2012 | Max Nisen

[SeekAndFind]

Global Finance magazine is out with its annual report cards for the world's most influential central bankers. The grades, which range from A to F, are based on banker's success in controlling inflation, fostering economic growth, and managing interest rates.

Other factors include the banker's ability to stand up to political pressure and influence government in a positive way.

In what's been an incredibly difficult economic environment, here are the central bankers who have had a steady hand on the wheel.

[wardaddy]

kind of an odd ratings system going on unemployment and inflation

a number of those countries have low unemployment but are very agrarian or have really poor paying jobs

not a decent comparison

besides we are still living in the aftermath of Greenspan and three decades of legislative and executive prodding to sell homes to those who can’t afford them

[Black_Shark]

NIGERIA!?!? I’m sorry but that is funny right there... 23% unemployment and 12% inflation. Great job. The others on the list I tend to agree with but I think that Nigeria is a tad ridiculous.

[Slump Tester]

That can't be right - there's hardly any Jews. Must be misinformation (as part of a worldwide Zionist conspiracy).

/-sarc

[SeekAndFind]

Report can be found on this link

Those Central Bankers scoring an "A" in the report published in the October issue of Global Finance include:

Australia	Glenn Stevens	A
Canada	Mark Carney	A
Israel	Stanley Fischer	A
Malaysia	Zeti Akhtar Aziz	A
Philippines	Amando Tetangco Jr.	A
Taiwan	Fai-Nan Perng	A

CENTRAL BANKER REPORT CARDS 2012

THE AMERICAS

Country	Central Bank Governors	Grade 2012	Grade 2011
Argentina	Mercedes Marcó del Pont	D	D
Brazil	Alexandre Tombini	B	B+
Canada	Mark Carney	A	B+
Chile	Rodrigo Vergara	B+	*
Columbia	José Dario Uribe Escobar	B	N/A**
Ecuador	Pedro Delgado	D	N/A**
Mexico	Agustin Carstens	B+	B
Peru	José De Gregorio	B	N/A**
United States	Ben Bernanke	B	C

EUROPE

Country	Central Bank Governors	Grade 2012	Grade 2011
Belarus	Nadezhda Ermakova	C	N/A**
Czech Republic	Miroslav Singer	B	B
European Union	Mario Draghi	B-	*
Hungary	András Simor	C	C
Norway	Øystein Olsen	B	Too early to say
Poland	Marek Belka	B-	B
Russia	Sergei Ignatiev	B+	B
Sweden	Stefan Ingves	B	B+
Switzerland	Thomas Jordan	Too early to say	*
Turkey	Erdem Başçi	B	Too early to say
Ukraine	Serhiy Abruzov	B	N/A**
United Kingdom	Mervyn King	B-	B

ASIA

Country	Central Bank Governors	Grade 2012	Grade 2011
Australia	Glenn Stevens	A	A
Bangladesh	Atiur Rahman	C	N/A**
China	Zhou Xiaochuan	B-	B
India	Duvvuri Subbarao	C	B-
Indonesia	Darmin Nasution	B	B
Japan	Masaaki Shirakawa	C-	C
Kazakhstan	Grigori Marchenko	B+	N/A**
Malaysia	Zeti Akhtar Aziz	A	A
New Zealand	Alan Bollard	B	B
Philippines	Amando Tetangco Jr.	A	A
Singapore	Ravi Menon	B-	B
South Korea	Kim Choongsoo	C	C
Sri Lanka	Ajith Nivard Cabraal	B	N/A**
Taiwan	Fai-Nan Perng	A	A
Thailand	Prasarn Trairatvorakul	B+	B+
Vietnam	Nguyen Van Binh	C	N/A**

AFRICA & THE MIDDLE EAST

Country	Central Bank Governors	Grade 2012	Grade 2011
Algeria	Mohammed Laksaci	C	N/A**
Angola	José de Lima Massano	B	B
Bahrain	Rasheed Mohammed Al-Maraj	B	B-
Ethiopia	Teklewold Atnafu	C	N/A**
Israel	Stanley Fischer	A	A
Kenya	Njuguna Ndung’u	B	N/A**
Kuwait	Mohammad Yusef Al-Hashel	Too early to say	*
Lebanon	Riad Salameh	C	A
Morocco	Abdellatif Jouahri	B-	N/A**
Nigeria	Sanusi Lamido Sanusi	B+	B+
Qatar	Saud Al-Thani	B	*
Saudi Arabia	Fahad Al-Mubarak	B+	*
South Africa	Gill Marcus	C	C
United Arab Emirates	Sultan Nasser Al-Suweidi	B	N/A*

*CB governor was rated in 2011, however, a different governor held the office.
**New country addition to Central Bank Report Cards in 2012, therefore no grade was given in 2011.

[Black_Shark]

A central bank’s “job” is price stability and to attempt to keep unemployment near the natural rate of unemployment (~4% in the US). I’d say that those two factors are the best factors in judging whether a CB is doing it’s job.

Quality of jobs matters but that’s not a CB job to worry about.

[rashley]

There is absolutely no such thing as a good Central Banker. They all have strings pulled by the same puppet master.

[yldstrk]

Mexico are you serious?

[SeekAndFind]

We really have to consider what the state of Nigeria’s economy was BEFORE this Central Banker took over.

I mean, if a Dentist took on the task of fixing the teeth of a man whose dentures were completely rotten when he first came, you can’t blame it on the dentist, if after he slowly did the procedure on the patient, his teeth still does not look like those of a model...

You gotta give him time.

It’s like the US debt situation. Even if Paul Ryan’s plan were to pass, you don’t expect the US to quickly be out of the red do you?

It is the TREND, the DIRECTION the country is going that matters in the short run.

[SeekAndFind]

And related to this ... here are the world's 50 Safest Banks.

World's 50 Safest Banks 2012

1.	KfW (Germany)	26.	Canadian Imperial Bank of Commerce (Canada)
2.	Bank Nederlandse Gemeenten (BNG) (Netherlands)	27.	Svenska Handelsbanken (Sweden)
3.	Zürcher Kantonalbank (Switzerland)	28.	China Development Bank (China)
4.	Landwirtschaftliche Rentenbank (Germany)	29.	Bank of New York Mellon Corp (United States)
5.	Landeskreditbank Baden-Württemberg - Förderbank (L-Bank) (Germany)	30.	Agricultural Development Bank of China (China)
6.	Caisse des Depots et Consignations (CDC) (France)	31.	National Bank of Abu Dhabi (United Arab Emirates)
7.	Nederlandse Waterschapsbank (Netherlands)	32.	CoBank ACB (United States)
8.	NRW.BANK (Germany)	33.	Pohjola Bank (Finland)
9.	Banque et Caisse d’Epargne de l’Etat (Luxembourg)	34.	National Bank of Kuwait (Kuwait)
10.	Rabobank Group (Netherlands)	35.	DZ Bank (Germany)
11.	TD Bank Group (Canada)	36.	Banque Fédérative du Crédit Mutuel (BFCM) (France)
12.	Bank of Nova Scotia (Canada)	37.	U.S. Bancorp (United States)
13.	DBS Bank (Singapore)	38.	National Bank of Canada (Canada)
14.	Oversea-Chinese Banking Corp (Singapore)	39.	Northern Trust Corp (United States)
15.	United Overseas Bank (Singapore)	40.	Qatar National Bank (Qatar)
16.	Caisse centrale Desjardins (Canada)	41.	Samba Financial Group (Saudi Arabia)
17.	Royal Bank of Canada (Canada)	42.	BancoEstado (Chile)
18.	National Australia Bank (Australia)	43.	La Banque Postale (France)
19.	Commonwealth Bank of Australia (Australia)	44.	Bank of Taiwan (Taiwan)
20.	Westpac Banking Corporation (Australia)	45.	Shizuoka Bank (Japan)
21.	Australia and New Zealand Banking Group (Australia)	46.	Banco de Chile (Chile)
22.	Kiwibank (New Zealand)	47.	BNP Paribas (France)
23.	HSBC Holdings (United Kingdom)	48.	Wells Fargo (United States)
24.	Nordea (Sweden)	49.	Standard Chartered (United Kingdom)
25.	Bank of Montreal (Canada)	50.	SEB (Sweden)

[SeekAndFind]

RE: Mexico are you serious?

See my post number 9 as it applies to Nigeria. Same principle applies to Mexico.

[Former Proud Canadian]

Citizens of the Great White North have no idea how lucky they are. PM Stephen Harper and BOC Governor Carney are both economists who have actually learned their trade.

Carney's biggest problems are going to be keeping interest rates and the Canadian dollar at reasonable levels. Harper's biggest problem is going to be keeping Carney at his post.