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Bank of Canada hires former Merrill Lynch economist as advisor

Published 2016-05-26, 03:09 p/m
© Reuters. Bank of Canada hires former Merrill Lynch economist as advisor

TORONTO, May 26 (Reuters) - The Bank of Canada has hired
former Merrill Lynch economist Sheryl King as an advisor who
will represent the central bank in its New York office, it said
on Thursday.
King will report to Deputy Governor Lynn Patterson and work
closely with the Consulate General of Canada in New York, the
Bank of Canada said in a statement.
"Ms. King will promote and strengthen ties between the Bank
of Canada and New York's financial and economic communities,
with an emphasis on financial market and financial stability
developments," it said.
Earlier in her career, King spent eight years at the Bank of
Canada, first as an economist and later as an analyst in the
central bank's financial markets department, according to the
bank.
King said in the statement she would advise the bank's
governor on global market issues and contribute to work on
market stability and monetary policy.
King joined Merrill Lynch in New York in 2004. She later
became the chief economist and strategist at their Canadian unit
in Toronto. Since 2014, she has worked for Roubini Global
Economics.
She will serve as a member of the Bank of Canada's Monetary
Policy Review and Financial System Review committees.

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