Economics

Bank of Canada Taps Regulator as Macklem’s New Top Deputy

  • No. 2 job goes to secretary general of global Basel Committee
  • Rogers becomes only woman on six-person governing council
Carolyn RogersSource: Bank of Canada
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The Bank of Canada named Carolyn Rogers as its senior deputy governor, filling its no. 2 position with a bank regulator in a clear signal that it’s seeking to bulk up financial markets expertise within its top ranks.

Rogers, who will be the first non-economist to hold the job in the modern era, takes over the role on Dec. 15, the bank said Monday in a joint announcement with Finance Minister Chrystia Freeland. The post has been vacant since last December, when Carolyn Wilkins stepped down. The six-person, interest rate-setting council has been without a woman since then.