World Economy

Call for Top Posts

Call for Top PostsCall for Top Posts

Mario Draghi is seeking economists who understand banks, and he’s not afraid to look outside Frankfurt to find them. As the European Central Bank assumes the mantle of euro-area financial supervisor, its president has just staffed two key monetary-policy posts with non-ECB experts on how lenders function in the economy. The appointments mark a trend of turning to outsiders as the 16-year-old institution struggles to meet its changing responsibilities with existing staff, Bloomberg reported. Sergio Nicoletti Altimari, 51, a Bank of Italy financial-markets official, will become director general for macroprudential policy and financial stability from Jan. 1.