Stefan Ingves

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Stefan Ingves
Stefan Ingves, Riksbankschef.jpg
Governor of Sveriges Riksbank
Assumed office
1 January 2006[1]
DeputyKerstin af Jochnick[citation needed]
Preceded byLars Heikensten[2]
Personal details
Born
Stefan Nils Magnus Ingves

23 May 1953
Turku,  Finland
Nationality Swedish[3][N 1]
Alma materStockholm School of Economics[3]
OccupationBanker and civil servant.
ProfessionEconomist.[3]

Stefan Nils Magnus Ingves (born 23 May 1953) is a Swedish banker, economist and civil servant currently serving as the Governor of Sveriges Riksbank, the central bank of Sweden.

Early life[edit]

Ingves has a Finland Swedish background.[3]

In 1984, he earned a Ph.D. in Economics at the Stockholm School of Economics.[4]

Career[edit]

Ingves was named Governor of Sveriges Riksbank in 2006.[3] In response to the Icelandic financial crisis of 2008, Ingves argued that "in times of uncertainty and turmoil, the central banks have a responsibility to cooperate." [5] Ingves confronted the "task of safeguarding macroeconomic and financial stability" in 2008;[6] and in 2009, he presided over a decline to the lowest official Swedish interest rate since records began in 1907.[7]

In 2011, Ingves became the Chairman of the Basel Committee on Banking Supervision.[8]

Other activities[edit]

Selected works[edit]

In a statistical overview derived from writings by and about Stefan Ingves, OCLC/WorldCat encompasses roughly 40+ works in 50+ publications in 3 languages and 150+ library holdings .[11]

  • Den oreglerade kreditmarknaden : en expertrapport från 1980 års kreditpolitiska utredning (1981)
  • Aspects of Trade Credit (1984)
  • The Nordic Banking Crisis from an International Perspective (2002)
  • Issues in the Establishment of Asset Management Companies (2004)
  • Lessons Learned from Previous Banking Crises: Sweden, Japan, Spain, and Mexico (2009)
  • Central Bank Management (2009)

Notes[edit]

  1. ^ Nationalencyklopedin article about Ingves doesn't mention any nationality which per default means that the individual in question is Swedish. Also according to the Instrument of Government 1974, Chapter 11: Administration of justice and general administration Archived 15 June 2010 at the Wayback Machine., Article 9, Paragraph 3 only a Swedish citizen can serve as the head of an agency under the Riksdag. This requirement has been removed from the Constitution from 1 January 2011, and is instead supposed to be regulated in an ordinary law.

References[edit]

  1. ^ "Stefan Ingves". Sveriges Riksbank. 4 May 2010. Archived from the original on 27 August 2010. Retrieved 2 September 2010.
  2. ^ "Lars Heikensten". Nationalencyklopedin (in Swedish). Retrieved 2 September 2010.
  3. ^ a b c d e "Stefan Ingves". Nationalencyklopedin (in Swedish). Retrieved 2 September 2010. (subscription required)
  4. ^ Riksbank, Ingves CV
  5. ^ Landler, Mark. "3 Nordic Banks Help Iceland Prop Up Currency," New York Times. 17 May 2008; retrieved 17 August 2011
  6. ^ "Nordic central banks act to support Icelandic currency," New York Times. 16 May 2008; retrieved 17 August 2011
  7. ^ "Swedish central bank cuts rates to record 1 percent," New York Times. 1 November 2009; retrieved 17 August 2011
  8. ^ Fact sheet - Basel Committee on Banking Supervision at the Bank for International Settlements website
  9. ^ Board of Directors Bank for International Settlements (BIS).
  10. ^ Board of Governors International Monetary Fund (IMF).
  11. ^ WorldCat Identities: Ingves, Stefan 1953-
Government offices
Vacant
Title last held by
Lars Heikensten
Governor of Sveriges Riksbank
2006 - present
Incumbent