Bank of Korea Governor Hyun Song Shin Appointed Chair of BIS Committee on Payments and Market Infrastructures

November 11: According to a Bank for International Settlements (BIS) announcement, central bank governors at the BIS Global Economy Meeting have appointed Bank of Korea Governor Hyun Song Shin as Chair of the Committee on Payments and Market Infrastructures (CPMI) for a three-year term, renewable, effective November 1, 2026, succeeding Bank of Italy Governor Fabio Panetta. The CPMI is the global standard setter in the field of payments. In addition, the BIS Board has extended Bank of Canada Governor Tiff Macklem's term as Chair of the Americas Consultative Council until March 31, 2027, and appointed Central Bank of Argentina Governor Santiago Bausili to succeed him in that role from April 1, 2027, for a two-year term.