Bank for International Settlements (BIS) is an international organization of central banks which "fosters international monetary and financial cooperation and serves as a bank for central banks." [1] It is not accountable to any national government. The BIS carries out its work through subcommittees, the secretariats it hosts, and through its annual General Meeting of all members. It also provides banking services, but only to central banks, or to international organizations like itself. Based in Basel, Switzerland, the BIS was established by the Hague agreements of 1930.
Board of Directors- Guillermo Ortiz Martínez, Mexico City (Chairman of the Board of Directors)
- Hans Tietmeyer, Frankfurt am Main (Vice-Chairman)
- Ben Bernanke, Washington, DC;
- Mark Carney, Ottawa;
- Mario Draghi, Rome;
- William Dudley, New York;
- Stefan Ingves, Stockholm;
- Mervyn King, London;
- Jean-Pierre Landau, Paris:
- Christian Noyer, Paris;
- Guy Quaden, Brussels;
- Jean-Pierre Roth, Zürich;
- Masaaki Shirakawa, Tokyo;
- Jean-Claude Trichet, Frankfurt am Main;
- Paul Tucker, London;
- Alfons Vicomte Verplaetse, Brussels;
- Axel Weber, Frankfurt am Main;
- Nout Wellink, Amsterdam;
- Zhou Xiaochuan, Beijing
