U.S. Federal Reserve Governor Daniel Tarullo was appointed chairman of the Financial Stability Board’s standing committee on supervisory and regulatory cooperation, the FSB said in an e-mailed statement.
Tarullo replaces Adair Turner, chairman of the U.K. Financial Services Authority, in the role, according to the statement. The regulatory group also announced new chairmen of two other committees.
Bank of Mexico Governor Agustin Carstens has been appointed chairman of the FSB’s standing committee on the assessment of vulnerabilities. Ravi Menon, managing director of the Monetary Authority of Singapore, has been appointed chairman of the standing committee on standards implementation.