Global Finance’s Central Banker Report Cards 2019

Global Finance's Central Banker Report Cards 2019

NEW YORK, August 8, 2019 -- Global Finance magazine has released its Central Banker Report Cards 2019.

The Central Banker Report Cards, published annually by Global Finance since 1994, grade the central bank governors of 94 key countries as well as the European Union, the Eastern Caribbean Central Bank, the Bank of Central African States and the Central Bank of West African States.

For the first time, central bankers from the following countries have been added to the list: Cambodia, Gambia, Krygryzstan, Laos, Madagascar, Mauritania, Mauritius, Mozambique and Rwanda.

Grades are based on an "A" to "F" scale for success in areas such as inflation control, economic growth goals, currency stability and interest rate management. ("A" represents an excellent performance down through "F" for outright failure.) Subjective criteria also apply.

"Central bankers are facing the next potential recession with fewer arrows in their quivers and, in some quarters, unprecedented pressure on their independence," said Global Finance publisher and editorial director Joseph Giarraputo. "With trade disputes and political instability gaining steam, nations look to central bank leaders to be steady hands on the world's economic tillers, and this year's top-rated bankers demonstrate just that kind of stable leadership, whether they are steering their nation through stormy times or battening the hatches with an eye to clouds on the horizon."

The full Central Banker Report Cards 2019 report will appear in Global Finance's October issue.

The Central Bankers earning an "A" grade in the Global Finance Central Banker Report Card feature in the October issue are:

Australia

Honduras

Iceland Kuwait Lebanon

Mexico

Morocco

Russia

South Korea

Taiwan

Philip Lowe

Wilfredo Cerrato

M?r Guomundsson Mohammad Yousef Al-Hashel Riad Salameh

Alejandro Diaz de Leon

Abdellatif Jouahri

Elvira Nabiullina

Lee Ju-yeol

Yang Chin-long

The Central Bankers earning an "A-" grade are:

Botswana

Bulgaria

Chile

Egypt

European Union

Georgia

Saudi Arabia

Qatar

United Kingdom

United States

Uruguay

Moses Pelaelo Dimitar Radev Mario Marcel Cullell Tarek Amer Mario Draghi Koba Gvenetadze Ahmed Alkholifey Abdulla Bin Saoud Al-Thani Mark Carney Jerome Powell Alberto Grana

Central Bank Governors who received an "A" or "A-" grade will be honored at Global Finance's 26th Annual Best Bank Awards at the National Press Club in Washington, DC on the morning of October 19 during the IMF/World Bank Annual Meetings.

page 1 of 6 For editorial information please contact: Andrea Fiano, editor, email: afiano@

About Global Finance

Global Finance, founded in 1987, has a circulation of 50,000 and readers in 188 countries. Global Finance's audience includes senior corporate and financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions. Its website -- -- offers analysis and articles that are the heritage of 32 years of experience in international financial markets. Global Finance is headquartered in New York, with offices around the world. Global Finance regularly selects the top performers among banks and other providers of financial services. These awards have become a trusted standard of excellence for the global financial community.

To obtain rights to use the Global Finance World's Best Central Banker 2019 logo or any other Global Finance logos, please contact Chris Giarraputo at: chris@

The unauthorized use of Global Finance logos is strictly prohibited.

Global Finance's Central Banker Report Cards 2019

CENTRAL BANKERS

The Americas

Argentina

Guido Sandleris

Bahamas

John Rolle

Bolivia

Pablo Ramos S?nchez

Brazil

Roberto Campos Neto

Canada

Stephen Poloz

Chile

Mario Marcel Cullell

Colombia

Juan Jos? Echavarria

Costa Rica

Rodrigo Cubero Brealey

Dominican Republic

H?ctor Valdez Albizu

Eastern Caribbean Central Bank

Tim Antoine

Ecuador

Ver?nica Artola

El Salvador

Oscar Cabrera Melgar

Guatemala

Sergio Recinos Rivera

Honduras

Wilfredo Cerrato

Jamaica

Richard Byles

Mexico

Alejandro Diaz de Leon

Nicaragua

Leonardo Ovidio Reyes

Paraguay

Jos? Cantero Sienra

Peru

Julio Velarde Flores

Trinidad and Tobago

Alvine Hilaire

United States

Jerome Powell

Uruguay

Alberto Grana

Venezuela

Calixto Ortega S?nchez

2019 GRADE

C B C Too early to say BAB+ C+ B+

B

B+ BC A Too early to say A C B B+ C+ AAF

2018 GRADE

Too early to say** B B A-** B+ A AC+** B+

B

B+ B BToo early to say B-** Too early to say C A B+ C+ Too early to say A-** Too early to say**

page 2 of 6

Global Finance's Central Banker Report Cards 2019

CENTRAL BANKERS Europe

Belarus Bulgaria Czech Republic Denmark European Union Georgia Hungary Iceland Norway Poland Romania Russia Sweden Switzerland Turkey Ukraine United Kingdom

Pavel Kallaur Dimitar Radev Jiri Rusnok Lars Rohde Mario Draghi Koba Gvenetadze Gy?rgy Matolcsy M?r Guomundsson Oystein Olsen Adam Glapinski Mugur Isarescu Elvira Nabiullina Stefan Ingves Thomas Jordan Murat Uysal Yakiv Smolii Mark Carney

2019 GRADE

B+ AB+ C AAB A B+ C D A B C Too early to say C A-

2018 GRADE

B AB C A AC B+ B C C A B B D C A-

26th Annual Best Bank Awards Ceremony Central Bank Governors who received an "A" or "A-" grade will be honored at Global Finance's 26th Annual Best Bank Awards at the National Press Club in Washington, CS on the morning of October 19 during the IMF/World Bank Annual Meetings. For more information on the awards and/or ceremony please contact: Bobby Cohen, email: bcohen@.

page 3 of 6

Global Finance's Central Banker Report Cards 2019

CENTRAL BANKERS Asia-Pacific

Australia Azerbaijan Bangladesh Cambodia China Hong Kong India Indonesia Japan Kazakhstan Kyrgyzstan Laos Malaysia Myanmar Nepal New Zealand Pakistan Philippines Singapore South Korea Sri Lanka Taiwan Thailand Uzbekistan Vietnam

Philip Lowe Elman Rustamov Fazle Kabir Chea Chanto Yi Gang Eddie Yue Shaktikanta Das Perry Warjiyo Haruhiko Kuroda Yerbolat Dosayev Tolkunbek Abdygulov Sonexay Sithphaxay Nor Shamsiah Mohd Yunus U Kyaw Kyaw Maung Chiranjibi Nepal Adrian Orr Reza Baqir Benjamiin Diokno Ravi Menon Lee Ju-yeol Indrajit Coomaraswamy Yang Chin-long Veerathai Santiprabhob Mamarizo Nurmuratov Le Minh Hung

2019 GRADE

A B D B+ C Too early to say Too early to say B B Too early to say C+ Too early to say B C C BToo early to say Too early to say B+ A B A B C B+

2018 GRADE

A B D N/A* Too early to say B-** B+ Too early to say B+ B N/A* N/A* Too early to say BC+ Too early to say B B+ B A B Too early to say B CB+

page 4 of 6

Global Finance's Central Banker Report Cards 2019

CENTRAL BANKERS Middle East & Africa

Algeria Angola Bahrain Bank of Central African States Botswana Central Bank of West African States Democratic Republic of Congo Egypt Ethiopia Gambia Ghana Iraq Israel Jordan Kenya Kuwait Lebanon Madagascar Mauritania Mauritius

Ammar Haiwani Jose de Lima Massano Rasheed al-Maraj

Abbas Mahamat Tolli

Moses Pelaelo

Ti?moko Meyliet Kone

D?ogratias Mutombo Mwana Nyembo Tarek Amer Yinager Dessie Bakary Jammeh Ernest Addison Ali Mohsen Ismail Al-Alaq Amir Yaron Ziad Fariz Patrick Njoroge Mohammad Yousef Al-Hashel Riad Salameh Alain Rasolofondraibe Abdel Aziz Ould Dahi Yandraduth Googoolye

2019 GRADE

Too early to say B BC AB+

C+ ABC B B+ Too early to say C BA A B BB

2018 GRADE

BToo early to say C B B+ B+

C B+ Too early to say N/A* B B A C B A A N/A* N/A* N/A*

For editorial information please contact: Andrea Fiano, editor, email: afiano@ Page 5 of 6 ###

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