Bank of Canada names two new deputy governors, removing the 'external' designation from one

Bank of Canada Appoints Two Familiar Economists as Deputy Governors

The Bank of Canada has selected two seasoned economists, both with extensive experience at the institution, to fill open seats on its governing council. Marc-André Gosselin, who currently serves as the managing director of economic analysis, will step into the role of deputy governor in May, continuing a career at the bank that began in 1999 and has included a series of increasingly senior positions.

Additionally, Nicolas Vincent, who has been serving as external deputy governor, will transition to a full-time role on the board starting in August. He will also represent the Bank of Canada as deputy at both the G7 and G20 meetings. The central bank is preparing to begin the search for a new external deputy governor to succeed Vincent in that capacity.