The governor of Taiwan’s Central Bank – Perng Fai-nan – has the distinction of being the world’s only central bank chief with a total of 13 A rankings. That’s after Global Finance magazine awarded him the top grade in the Central Banker Report Cards 2016.
Joining him with the distinction of World’s Best Central Banker, are the central bank heads of Israel, Lebanon, Paraguay, Peru, the Philippines, Russia, and the United Kingdom.
The Central Banker Report Cards, published annually by Global Finance since 1994, grade the central bank governors of nearly 75 key countries (and the European Union). They are evaluated on their success in areas such as inflation control, economic growth goals, currency stability and interest rate management. The grades range from “A”, which represents an excellent performance, down to “F” for “outright failure”.
This year the US Federal Reserve’s Janet Yellen was given an A-, the same as last year. The head of the EU’s central bank, Mario Draghi, went from an A last year down to a B+ this year.
The governor of the People’s Bank of China, Zhou Xiaochuan, on the other hand, was given his second C in a row.