Stefan Ingves

Stefan Nils Magnus Ingves (born 23 May 1953) is a Swedish banker, economist and civil servant currently serving as the Governor of Sveriges Riksbank, the central bank of Sweden.

Stefan Ingves
Governor of Sveriges Riksbank
Incumbent
Assumed office 1 January 2006[1]
Deputy	Kerstin af Jochnick
Preceded by	Lars Heikensten[2]
Personal details
Born	Stefan Nils Magnus Ingves 23 May 1953 Turku,  Finland
Nationality	Swedish[3][N 1]
Alma mater	Stockholm School of Economics[3]
Occupation	Banker and civil servant.
Profession	Economist.[3]

Early life

Ingves has a Finland Swedish background.[3]

In 1984, he earned a Ph.D. in Economics at the Stockholm School of Economics.[4]

Career

Ingves was named Governor of Sveriges Riksbank in 2006.[3] In response to the Icelandic financial crisis of 2008, Ingves argued that "in times of uncertainty and turmoil, the central banks have a responsibility to cooperate." [5] Ingves confronted the "task of safeguarding macroeconomic and financial stability" in 2008;[6] and in 2009, he presided over a decline to the lowest official Swedish interest rate since records began in 1907.[7]

From 2011 until 2019, Ingves served as the Chairman of the Basel Committee on Banking Supervision.[8][9]

Other activities

• Bank for International Settlements (BIS), Ex-Officio Member of the Board of Directors[10]
• Financial Stability Board (FSB), Ex-Officio Member of the Standing Committee on Supervisory and Regulatory Cooperation
• International Monetary Fund (IMF), Ex-Officio Member of the Board of Governors[11]

Selected works

In a statistical overview derived from writings by and about Stefan Ingves, OCLC/WorldCat encompasses roughly 40+ works in 50+ publications in 3 languages and 150+ library holdings .[12]

This is a dynamic list and may never be able to satisfy particular standards for completeness. You can help by expanding it with reliably sourced entries.

• Den oreglerade kreditmarknaden : en expertrapport från 1980 års kreditpolitiska utredning (1981)
• Aspects of Trade Credit (1984)
• The Nordic Banking Crisis from an International Perspective (2002)
• Issues in the Establishment of Asset Management Companies (2004)
• Lessons Learned from Previous Banking Crises: Sweden, Japan, Spain, and Mexico (2009)
• Central Bank Management (2009)

Notes

1. Nationalencyklopedin article about Ingves doesn't mention any nationality which per default means that the individual in question is Swedish. Also according to the Instrument of Government 1974, Chapter 11: Administration of justice and general administration Archived 15 June 2010 at the Wayback Machine, Article 9, Paragraph 3 only a Swedish citizen can serve as the head of an agency under the Riksdag. This requirement has been removed from the Constitution from 1 January 2011, and is instead supposed to be regulated in an ordinary law.

References

1. "Stefan Ingves". Sveriges Riksbank. 4 May 2010. Archived from the original on 27 August 2010. Retrieved 2 September 2010.
2. "Lars Heikensten". Nationalencyklopedin (in Swedish). Retrieved 2 September 2010.
3. "Stefan Ingves". Nationalencyklopedin (in Swedish). Retrieved 2 September 2010. (subscription required)
4. Riksbank, Ingves CV
5. Landler, Mark. "3 Nordic Banks Help Iceland Prop Up Currency," New York Times. 17 May 2008; retrieved 17 August 2011
6. "Nordic central banks act to support Icelandic currency," New York Times. 16 May 2008; retrieved 17 August 2011
7. "Swedish central bank cuts rates to record 1 percent," New York Times. 1 November 2009; retrieved 17 August 2011
8. Fact sheet - Basel Committee on Banking Supervision at the Bank for International Settlements website
9. Caroline Binham (March 7, 2019), Bank of Spain governor appointed head of Basel Committee for banks Financial Times.
10. Board of Directors Bank for International Settlements (BIS).
11. Board of Governors International Monetary Fund (IMF).
12. WorldCat Identities: Ingves, Stefan 1953-

Government offices
Vacant Title last held by Lars Heikensten	Governor of Sveriges Riksbank 2006 - present	Incumbent