In February, the Saudi government named Muhammed Al-Jasser to be the new governor of the Saudi Arabian Monetary Agency (SAMA), the country’s central bank.

Latvia’s president has nominated former finance minister Valdis Dombrovskis as prime minister and asked him to form a new coalition government at the end of February.

The Latvian government has announced that it has selected Nomura International, the global investment bank, as strategic advisor for the sale of its stake in Parex banka.

The governor of the Bank of Latvia, Ilmārs Rimšēvičs, says he is confident that Latvia is not going the way of Iceland. “The short-term debt of Iceland is twice as high as the total gross external debt of Latvia. Moreover, half of the banks’ short-term debt is in fact long-term”, he told an investor conference in London on November 4.

Multilateral development bank hires former World Bank VP to oversee policy.

Bank undergoes first change in governorship for 23 years.

EU’s bank names former ICO president as vice-president and management committee member.

Qatari bank appoints new acting CEO.

Le Goater heads new team to serve projects in Africa. 

South Africa’s president Jacob Zuma has named former deputy governor Gill Marcus as the new governor of the country’s central bank. Marcus will take over from Tito Mboweni in November.

Despite a slow start to 2015, hopes are high for new names to enter the market this year.

Union Bancaire Privée (UBP) has hired Marc Basselier as head of convertible bonds, a product that looks to offer investors some diversification as the global credit cycle turns away from cheap money.