Basel Committee organisation and governance

The governance structure of the Basel Committee comprises a chair, standing groups focused on risk assessment, supervision, standard-setting and outreach, and the Secretariat hosted by the BIS. The BCBS reports to the Group of Central Bank Governors and Heads of Supervision (GHOS) - its oversight body - and seeks its endorsement for major decisions.

About the Basel Committee Chair

The Chair is appointed by the GHOS for a term of three years that can be renewed once. The Chair's main responsibilities are to direct the work of the Committee in accordance with the BCBS mandate, including to:

• convene and chair BCBS meetings (where attendance is not possible, the Chair may designate the Secretary General to chair the meeting on his/her behalf)
• monitor the progress of the BCBS work programme and provide operational guidance between meetings to carry forward the decisions and directions of the BCBS
• report to the GHOS when appropriate
• represent the BCBS externally and be its principal spokesperson
   

Past Chairs

2019-24	Pablo Hernández de Cos, Governor, Bank of Spain
2011-19	Stefan Ingves, Governor, Sveriges Riksbank
2006-11	Nout Wellink, President, Netherlands Bank
2003-06	Jaime Caruana, Governor, Bank of Spain
1998-03	William J McDonough, President, Federal Reserve Bank of New York
1997-98	Tom de Swaan, Executive Director, Netherlands Bank
1993-97	Tommaso Padoa-Schioppa, Deputy Director General, Bank of Italy
1991-93	E Gerald Corrigan, President, Federal Reserve Bank of New York
1988-91	Huib J Muller, Executive Director, Netherlands Bank
1977-88	Peter Cooke, Associate Director, Bank of England
1974-77	Sir George Blunden, Executive Director, Bank of England