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Bank of Montreal
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Close 2021-07-13 C$ 126.77
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Globe says RBC, rivals see BOC name Wilkins's successor

2021-07-13 07:36 ET - In the News

See In the News (C-RY) Royal Bank of Canada

The Globe and Mail reports in its Tuesday, July 13, edition that the Bank of Canada has named Carolyn Rogers as senior deputy governor. The Globe's Mark Rendell writes that Ms. Rogers succeeds Carolyn Wilkins, who left the role late last year. The Globe says Ms. Rogers will bring a financial stability focus to the BOC, having worked at increasingly senior levels of Canadian and international financial regulation. She is currently secretary-general of the Basel Committee on Banking Supervision. Her new role with the BOC begins mid-December, giving her time to wrap up her work at the Basel Committee and relocate with her family to Ottawa from Switzerland. Prior to the Basel Committee, she spent three years as assistant superintendent of the regulation sector for the Office of the Superintendent of Financial Institutions and six years at the helm of British Columbia's financial regulator. Unlike other members of the bank's governing council, Ms. Rogers does not have an economics background. She holds a Master's of business administration from Queen's University. Evan Siddall, the former head of Canada Mortgage and Housing Corp., said that Ms. Rogers's atypical background will be an asset to the BOC.

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