ECB picks Bank of France director for key position

Bloomberg

The European Central Bank (ecb)appointed Imene Rahmouni-Rousseau, a director at the Bank of France, as its next chief of market operations — a key role in implementing monetary policy following the resumption of quantitative easing.
Rahmouni-Rousseau will take over as Director General Market Operations on February 1, replacing long-time chief Ulrich Bindseil, who now heads market infrastructure and payments at the ECB. Rahmouni-Rousseaun, 43, has been Director of Markets at the Bank of France since 2014 after a stint at the Secretariat of the Financial Stability Board in Basel. She worked at the ECB from 2001-2004. The board’s decision puts the French woman at the centre of day-to-day monetary policy implementation.

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