Fischer named one of world's top 7 bank chiefs
Bank of Israel governor among Global Finance's prestigious list of central bank chiefs whose actions during global financial crisis excelled
Leading financial publication Global Finance Magazine has named Bank of Israel Governor Stanley Fischer one of the seven leading central bank chancellors for 2010.
Fischer was included in a list naming the heads of the Central Banks of six countries – plus the European Central Bank president – as the World’s Best Central Bankers for 2010.
The magazine's “Central Banker Report Card,” which has been published annually since 1994, grades Central Bank governors of 30 key countries, and the ECB, according to an “A” to “F” scale for their performance and success in areas such as inflation control, economic growth goals, currency stability and interest rate management.
The scale lists “A” for excellent performance down through to “F” for outright failure.
“During one of the toughest years on record, the World’s Central Bankers were tested as never before," said Global Finance publisher Joseph Giarraputo.
"Every year, we try to assess the determination of Central Bankers to stand up to political interference and their efforts at forcing their governments to spend less, and to open their economies to foreign investment and financial services."
Global Finance's reigning seven governors besides Fischer include European Union Bank Governor Jean-Claude Trichet, Australia Bank Chancellor Glenn Stevens, Malaysian Central Bank Chief Zeti Akhtar, South Korea Bank Governor Lee Seongtae, Taiwanese Chancellor Fai-Nan Perng and Turkey's Durmus Yilmaz.
Fischer was named one of the seven leading central bank governors in 2009 as well.
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