Taiwan’s central bank governor Perng Fai-nan was named as the one of the world’s top central bankers for the 10th time

Taiwan’s Perng wins 10th top central banker honor

CNA 2013-08-24


Taiwan’s central bank governor Perng Fai-nan was named as the one of the world’s top central bankers for the 10th time by Global Finance. (Photo/CNA)

Taiwan’s central bank governor Perng Fai-nan was named as the one of the world’s top central bankers for the 10th time by Global Finance on Friday in its annual report on central bankers’ performance worldwide. Perng was awarded an A for the ninth straight year from 2005-2013 in the magazine’s central bank report cards, which grades central bankers on an A to F scale. He received his first A in 2000, two years after he became governor of the Central Bank of the Republic of China (Taiwan). He is the first central bank chief to receive an A for the 10th time. Perng expressed his gratitude for the recognition and attributed his achievement to the people of Taiwan and all those who work at the central bank.The other central bankers who received an A this year were Zeti Akhtar Aziz of Malaysia and Amando Tetangco Jr. of the Philippines.

United States Federal Reserve chairman Ben Bernanke was given a B+, China’s top central banker Zhou Xiaochuan received a C, and European Central Bank president Mario Draghi was given an A-.

The magazine has graded central bankers every year since 1994 on their performance in the areas of inflation control, economic growth, currency stability, interest rate management and their ability to stand up to political interference and maintain their independence, according to the magazine’s website.

About bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: