
Paul Volcker is to be replaced by a distinguished Italian banker as head of the trustees who oversee international accounting standards, while Sir David Tweedie has been reappointed as chairman of the standard-setters.
Tommaso Padoa-Schioppa, a putative candidate for Bank of Italy governor and a former European Central Bank board member, is to take over the part-time role on January 1.
See full Article (paid subscription required).
