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ECB’s Coeure to head BIS Innovation Hub from Jan. 15 – Metro US

ECB’s Coeure to head BIS Innovation Hub from Jan. 15

ECB’s Coeure to head BIS Innovation Hub from Jan. 15
Reuters

FRANKFURT (Reuters) – Outgoing European Central Bank board member Benoit Coeure has been appointed to head the newly created Innovation Hub of the Bank for International Settlements starting on Jan 15, the BIS said in a statement on Monday.

Coeure, who is in charge of market operations and international relations at the ECB, will head a BIS unit to focus on how the information technology revolution affects central banking. His eight-year ECB term expires on Dec 31.

(Reporting by Balazs Koranyi; Editing by Clarence Fernandez)