The Bank of Canada (BoC) announced on Thursday the appointment of Sheryl King as advisor to the governor, representing the central bank in its New York office, effective July 5.
“King will promote and strengthen ties between the Bank of Canada and New York’s financial and economic communities, with an emphasis on financial market and financial stability developments,” the bank says in a statement announcing the appointment.
King previously worked at the BoC for eight years as an economist and an analyst. She has since worked in the financial industry, most recently as managing director North America at Roubini Global Economics. From 2009 to 2012, she was chief economist and strategist at Merrill Lynch Canada. Prior to that, she was assistant chief U.S. economist at Merrill Lynch in New York, and worked as an economist and as a bond and currency strategist at Toronto-Dominion Bank.
In her new tour with the BoC, she will also serve as a member of the bank’s Monetary Policy Review and Financial System Review committees.
“I am honoured to be returning to the bank in this unique role, and I look forward to advising the governor on global market issues while contributing to the institution’s important monetary policy and financial stability work,” King says.
“I am delighted to welcome Sheryl King back to the bank and to our senior management team,” adds Governor Stephen Poloz. “Her extensive background in U.S. economic and financial market analysis, together with her well-established professional network in New York and beyond, will benefit the bank greatly.”
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