BIS Markets Committee Chair Term Extended
Summary
The Bank for International Settlements (BIS) announced that John C. Williams will continue as Chair of the BIS Markets Committee for a second three-year term. Mr. Williams, who also serves as President and CEO of the Federal Reserve Bank of New York, was first appointed to this role in January 2023.
What changed
The Bank for International Settlements (BIS) has extended the term of John C. Williams as Chair of its Markets Committee for an additional three years. Mr. Williams, who is also the President and CEO of the Federal Reserve Bank of New York, began his first term in January 2023.
This extension is a routine administrative decision concerning the leadership of a BIS committee. The Markets Committee serves as a forum for central bank officials to discuss market conditions and operations. No new regulatory obligations or compliance actions are imposed on regulated entities by this announcement.
Source document (simplified)
BIS extends term for John Williams as Chair of the Markets Committee
Press release | 27 March 2026
- John C. Williams, President and Chief Executive Officer of the Federal Reserve Bank of New York, is to continue as Chair of the Bank for International Settlements' Markets Committee.
- Mr Williams was first appointed for a three-year term in January 2023.
At their recent meeting at the Bank for International Settlements in Basel, the central bank Governors of the Global Economy Meeting (GEM) announced that John C. Williams, President and Chief Executive Officer of the Federal Reserve Bank of New York, has been appointed to a second three-year term as Chair of the Markets Committee.
Mr Williams was first appointed in January 2023 to succeed Jacqueline Loh, Deputy Managing Director of the Monetary Authority of Singapore (MAS).
The Markets Committee is a forum in which central bank officials discuss current market conditions, market functioning and central bank operations. Comprising senior officials from 27 central banks, it was established in 1962 and is the longest-standing BIS committee.
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