BIS Appoints Cecilia Skingsley as Head of Innovation Hub

Skingsley is currently the first deputy governor of Swedish central bank, Sveriges Riksbank.

AccessTimeIconJun 7, 2022 at 12:57 p.m. UTC
Updated Jun 7, 2022 at 12:58 p.m. UTC

Camomile Shumba is a CoinDesk regulatory reporter based in the UK. She previously worked as an intern for Business Insider and Bloomberg News. She does not currently hold value in any digital currencies or projects.

The Bank for International Settlements (BIS) has appointed Cecilia Skingsley as the head of its innovation hub.

  • Skingsley will spearhead the BIS Innovation Hub's efforts to build technological solutions for central bank digital currencies (CBDC), cybersecurity, green finance, etc.
  • Skingsley is currently the first deputy governor of Sveriges Riksbank, the Swedish central bank.
  • The international financial institution has been focusing on CBDC's recently. In March, BIS completed a multi-country CBDC viability test called "Project Dunbar". Project Dunbar was an effort by the central banks of Australia, Malaysia, Singapore and South Africa to check the cross border viability of CBDCs, which was found to be viable by the participating banks.
  • "Ms Skingsley will lead the Innovation Hub in its mission to foster international collaboration among central banks on innovative financial technology," the press release said on Tuesday.
  • She will join BIS on September 14 this year for a five year term. As head of the BIS Innovation Hub, she will also be a member of the executive committee of BIS.

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Camomile Shumba is a CoinDesk regulatory reporter based in the UK. She previously worked as an intern for Business Insider and Bloomberg News. She does not currently hold value in any digital currencies or projects.

CoinDesk - Unknown

Camomile Shumba is a CoinDesk regulatory reporter based in the UK. She previously worked as an intern for Business Insider and Bloomberg News. She does not currently hold value in any digital currencies or projects.

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