Bank of England's Carney to stay on as FSB chair for an extra year

Reuters  |  LONDON 

(Reuters) - of Governor Mark has agreed to stay on as chair of the Financial Stability Board (FSB) for an extra year, the Swiss-based coordinator of global financial regulation said on Friday.

"members asked the Chair, whose second term would come to an end on 4 November 2017, to serve for a further period until 1 December 2018," the said in a statement.

has chaired the since 2011. He is due to step down as of chief in June 2019.

(Reporting by Andy Bruce; Editing by Catherine Evans)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, October 06 2017. 22:33 IST