Taiwan’s central bank governor Perng Fai-nan was named as the one of the world’s top central bankers for the 10th time
August 25, 2013 Leave a comment
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.
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