Shin Hyun-sung Appointed Chairman of BIS Committee on Payments and Market Infrastructures
Prefer us on GoogleThe Governor of the Bank of Korea, Shin Hyun-sung, has been appointed as the Chairman of the Bank for International Settlements (BIS) Committee on Payments and Market Infrastructures (CPMI) for a three-year term, effective from November 1, 2026, succeeding Fabio Panetta, the Governor of the Bank of Italy. The CPMI is the global standard-setting body for the payments sector. Additionally, the BIS Board has extended the term of Tiff Macklem, Governor of the Bank of Canada, as Chairman of the Americas Consultative Committee until March 31, 2027, and appointed Santiago Bausili, Governor of the Central Bank of Argentina, to succeed him starting April 1, 2027, for a two-year term.
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