The Bank for International Settlements (BIS) today announced that Siddharth Tiwari has joined the BIS as Chief Representative for Asia and the Pacific.
Mr Tiwari, who started in his new position on 1 November, succeeds Eli Remolona, who was Chief Representative of the Asian Office from 2008 to 2018. He is based in the BIS’s Representative Office for Asia and the Pacific in Hong Kong SAR.
In this role, Mr Tiwari will work to deepen cooperation between the BIS and central banks in Asia and the Pacific. He will lead efforts to enhance understanding of issues that are important to central banks and supervisors in the region, contributing significantly to the BIS’s global work on central bank cooperation and financial stability issues.
BIS General Manager Agustín Carstens said: “I welcome Siddharth to the senior management team, and in light of his rich experience look forward to his contribution to enhancing all areas of the Bank’s work – whether in international cooperation, in economic research or in banking activities.”
Mr Tiwari, a 32-year veteran of the International Monetary Fund, comes to the BIS after serving as Executive Secretary to the G20 Eminent Persons Group on Global Financial Governance. He has occupied top-level positions at the IMF that have allowed him to work on significant issues of relevance to the Asia-Pacific region. He holds an MA and a PhD in economics from the University of Chicago.