The Board of Directors of the Bank for International Settlements (BIS) have announced the appointment of Andréa M Maechler as its new Deputy General Manager for a five-year term, effective 1 September 2023. Maechler will succeed Luiz Awazu Pereira da Silva when he retires by the end of August this year.
“I am delighted that Andréa Maechler will be joining the BIS as its new Deputy General Manager,” said François Villeroy de Galhau, Chair of the BIS Board of Directors. “Her wide-ranging experience at the Swiss National Bank and at international organisations will be a huge asset for the BIS.”
BIS General Manager Agustín Carstens said, “Maechler’s knowledge and broad experience will be a great asset to the Bank. She has been an active member of BIS committees and meetings and a trusted colleague within the central banking community. I look forward to welcoming her to the BIS senior management team.”
Maechler is currently a member of the Governing Board of the Swiss National Bank, a position to which she was appointed in 2015. In addition to that role, she is also the Head of Department for Money Market and Foreign Exchange, Asset Management, Banking Operations and Information Technology. She is also currently Chair of the Global Foreign Exchange Committee.