Bank of Canada confirms Carney new FSB head

Fri Nov 4, 2011 10:26am EDT
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TORONTO (Reuters) - The Bank of Canada confirmed on Friday that Governor Mark Carney will serve as chairman of the Financial Stability Board.

A senior G20 official had confirmed the news to Reuters on Thursday. Carney had been the frontrunner to replace Mario Draghi, who has become the new head of the European Central Bank.

(Reporting by Jeffrey Hodgson; editing by Peter Galloway)