Ex-ECB chief Trichet is new chairman of G30

FRANKFURT Tue Nov 22, 2011 10:19pm IST

European Central Bank (ECB) President Jean-Claude Trichet waves as he leaves a euro zone leaders summit in Brussels October 27, 2011.  REUTERS/Francois Lenoir/Files

European Central Bank (ECB) President Jean-Claude Trichet waves as he leaves a euro zone leaders summit in Brussels October 27, 2011.

Credit: Reuters/Francois Lenoir/Files

Related Topics

FRANKFURT (Reuters) - Former European Central Bank president Jean-Claude Trichet is to become the new chairman of the Group of Thirty (G30), an international forum of public and private sector financial leaders, the group said on Tuesday.

Trichet, who was ECB president until his eight-year term expired at the end of last month, succeeds Jacob Frenkel, chairman of JP Morgan Chase International.

The G30 says on its website it aims to deepen understanding of international economic and financial issues, to explore the international repercussions of decisions taken in the public and private sectors, and to examine the choices available to market practitioners and policymakers.

Trichet said in a statement: "This is a time of exceptional challenges to the global economic and financial system, and the G30 will continue to make significant contributions to the policy debate and enhance understanding of the critical paths to stability and to economic growth."

The G30, which used to be known as The Consultative Group on International Economic and Monetary Affairs, is a private, non-profit organisation.

(Writing by Paul Carrel; editing by Anna Willard)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

Shares Hit Record

Sensex, Nifty rise to second consecutive record high

Sensex surges 500 points on BOJ easing, L&T gains

The BSE Sensex and Nifty surged to record highs for a second consecutive session on Friday after Bank of Japan's surprise expansion of its massive stimulus programme raised hopes for additional foreign inflows, boosting blue-chips such as Larsen & Toubro.  Full Article 

REUTERS SHOWCASE

Wilful Negligence?

Wilful Negligence?

SEBI piles pressure on Sahara to sell overseas hotels  Full Article 

Indian Economy

Indian Economy

India's fiscal deficit in H1 almost 83 pct of full-year target.  Full Article 

M&M Earnings

M&M Earnings

M&M Q2 net profit down 4 percent, hit by poor monsoon.  Full Article 

Ban on E-Cigs?

Ban on E-Cigs?

Govt considers ban on e-cigarettes, sale of single smokes.  Full Article 

Commodities

Commodities

Silver futures in India hit four-year low on global cues.  Full Article 

BOJ Policy

BOJ Policy

BOJ shocks markets with surprise easing as inflation slows.  Full Article 

Shadow Banking

Shadow Banking

China's shadow banking sector growing rapidly, third largest in world - FSB.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage