Mr. Carney was appointed Governor of the Bank of Canada, effective 1 February 2008, for a term of seven years. As Governor, he is also Chairman of the Board of Directors of the Bank.
In addition to his duties as Governor of the Bank of Canada, he serves as Chairman of the Financial Stability Board (FSB) and as a member of the Board of Directors of the Bank for International Settlements (BIS). Mr. Carney is also a member of the Group of Thirty, and of the Foundation Board of the World Economic Forum.
Born in Fort Smith, Northwest Territories, Mr. Carney received a bachelor’s degree in economics from Harvard University in 1988. He received a master’s degree in economics in 1993 and a doctorate in economics in 1995, both from Oxford University.
Prior to joining the public service, Mr. Carney had a thirteen-year career with Goldman Sachs in its London, Tokyo, New York and Toronto offices. Mr. Carney was appointed Deputy Governor of the Bank of Canada in August 2003. In November 2004, he left the Bank to become Senior Associate Deputy Minister of Finance – a position he held until his appointment as Governor of the Bank.
On 26 November 2012, the Bank of Canada announced that Her Majesty the Queen had approved the appointment of Mark Carney as Governor of the Bank of England, effective 1 July 2013.
Mr. Carney will continue to serve in his current position as Governor of the Bank of Canada until 1 June 2013.
Governor Mark Carney with Minister of Finance Jim Flaherty, Mr. Paul G. Smith, Chairman of the Board at VIA Rail Canada and Canadian Space Agency Astronaut Chris Hadfield, Commander of the International Space Station (by satellite), unveil the final two notes of the new Polymer bank note series.Topics: Bank Notes News
Bank of Canada Governor Mark Carney discusses the breakdown in trust in global banking and what is required to rebuild it.