Agustín Carstens' appointment as BIS General Manager postponed to 1 December 2017

The Board of Directors of the Bank for International Settlements (BIS) has agreed to a request from Agustín Carstens to postpone the date of his appointment as BIS General Manager by two months to 1 December 2017. His appointment was originally planned to take effect on 1 October 2017.

Jaime Caruana has agreed with the BIS Board to stay on as General Manager until 30 November 2017.