I believe she will be the first ever female, to have a signature appear on Canadian bank notes. Seems that a University of Western Ontario Economics Degree is a must these days at the BoC.
More about Carolyn Wilkins:Biographical note: Carolyn Wilkins
Carolyn Wilkins was appointed Senior Deputy Governor (SDG), effective 2 May 2014, for a term of seven years. As SDG, she will oversee the Bank’s strategic planning and operations and share responsibility for the conduct of monetary policy as a member of the Bank’s Governing Council. She also will be a member of the Bank’s Board of Directors.
Until she assumes her role as SDG, Ms. Wilkins is Adviser to the Governor, with a focus on the Canadian economy, its interaction with the financial system, and monetary policy. Ms. Wilkins also serves as Secretary to Governing Council.
Ms. Wilkins represents Canada on the Basel Committee on Banking Supervision (BCBS) and chairs the BCBS Working Group on Liquidity.
From 2011 until 2013, Ms. Wilkins was Chief of the Bank’s Financial Stability Department. In this role, she led the Bank’s analysis and research on issues related to the financial sector in Canada and abroad, the assessment of risks to financial system stability, and the oversight of systemically important payment, clearing and settlement systems under the Payment, Clearing and Settlement Act.
Ms. Wilkins has held a broad range of senior analytical roles at the Department of Finance and the Privy Council Office. Since joining the Bank in 2001, she has occupied increasingly senior positions, first in the monetary and financial modelling division of the former Monetary and Financial Analysis Department, and subsequently as Deputy Chief of the Financial Markets Department. From October 2010 until November 2011, Ms. Wilkins was on assignment as Special Director on the Task Force on the OTC Derivatives Market. She also chaired the inter-agency working group coordinating implementation of the G-20’s commitments related to OTC derivatives.
Ms. Wilkins was born in Peterborough, Ontario. She holds an Honours BA in Economics from Wilfrid Laurier University and an MA in Economics from the University of Western Ontario.
April 2014
Official Bank of Canada Press Release:http://www.bankofcanada.ca/2014/04/appointment-carolyn-wilkins-senior-deputy-governor/The Board of Directors of the Bank of Canada today announced that Carolyn Wilkins has been appointed Senior Deputy Governor for a term of seven years beginning 2 May 2014. The selection was made by the independent members of the Bank’s Board and was approved by the federal Cabinet.
Ms. Wilkins, who joined the Bank in 2001, is currently Adviser to Governor Stephen S. Poloz. In this capacity, she is responsible for overseeing the Bank’s policy and research work on the Canadian economy, its interaction with the financial system, and monetary policy. She also serves as Secretary to the Bank’s Governing Council, and leads the preparation of the Bank’s quarterly Monetary Policy Reports. Ms. Wilkins replaces Tiff Macklem, who will resign from the Bank on 1 May to become Dean of University of Toronto’s Rotman School of Management.
Governor Poloz warmly welcomed Ms. Wilkins to the new role. “I am absolutely delighted with this appointment. Carolyn brings to this role a rich and varied background in monetary policy research, economic forecasting, financial markets and regulatory analysis, and truly exceptional leadership skills. Carolyn will make a tremendous Senior Deputy Governor, and I am thrilled to be working more closely with her,” said Governor Poloz.
As Senior Deputy Governor, Ms. Wilkins will oversee the Bank’s strategic planning and operations and share responsibility for the conduct of monetary policy as a member of the Bank’s Governing Council. She will also be a member of the Bank’s Board of Directors.
“The Board of Directors is proud to appoint Carolyn Wilkins as our new Senior Deputy Governor. Carolyn’s extensive experience in policy making, crisis management and the implementation of new financial market infrastructure makes her the ideal choice to assume this critical role at the Bank of Canada,” said Philip Deck, the Director who led the selection process.
Ms. Wilkins, who was born in Peterborough, Ontario, holds an Honours BA in Economics from Wilfrid Laurier University and an MA in Economics from the University of Western Ontario.
In addition to her roles at the Bank, Ms. Wilkins represents Canada on the Basel Committee on Banking Supervision (BCBS) and chairs the BCBS Working Group on Liquidity. From 2011 until her appointment as Adviser in 2013, Ms. Wilkins was Chief of the Bank’s Financial Stability Department. Ms. Wilkins also has held a broad range of senior analytical roles at the federal Department of Finance and the Privy Council Office.
Globe Story:http://www.theglobeandmail.com/report-on-business/bank-of-canada-insider-carolyn-wilkins-named-to-replace-tiff-macklem/article17944851/BARRIE MCKENNA
The Globe and Mail
Published Friday, Apr. 11 2014, 5:21 PM EDT
Last updated Friday, Apr. 11 2014, 7:06 PM EDT
The Bank of Canada has chosen a relative unknown insider to replace Tiff Macklem as governor Stephen Poloz’s No. 2.
Carolyn Wilkins, 50, an economist who joined the bank in 2001, will become senior deputy governor – the bank's highest-ranking woman ever.
She replaces Mr. Macklem, who is leaving the bank May 1 to become dean of the University of Toronto’s Rotman School of Management. Mr. Macklem, once considered a front-runner to succeed Mark Carney as head of the bank, lost out last year to Mr. Poloz, the former chief executive of Export Development Canada.
Ms. Wilkins begins her seven-year term May 2.
Like Mr. Poloz, Ms. Wilkins has an MA in economics from the University of Western Ontario. She has been a special adviser to Mr. Poloz since last year with responsibilities for research on the Canadian economy, interactions with the financial system and monetary policy The central bank said Ms. Wilkins was selected by independent members of the board of directors and approved by the Harper government. She will sit on the six-member governing council, which sets interest rates.
Mr. Macklem and previous senior deputies also had responsibility of running the bank’s day-to-day operations.
But the bank recently created a new post of chief operating officer and last week named accountant and long-time federal bureaucrat Filipe Dinis to the post.
That frees up Ms. Wilkins to focus on monetary policy and the economy.
