Newsletter June 08: Knight leaves BIS for Deutsche Bank

– The Bank for International Settlements (BIS) is seeking a new general manager to replace Malcolm Knight when he leaves at the end of September. Knight, who has been BIS general manager and chief executive officer since April 2003, is accepting an appointment as non-executive vice chairman of Deutsche Bank Group, with responsibility for co-ordinating group-wide issues on regulation, supervision and financial stability for Deutsche’s management board. He has also accepted a post as visiting professor in finance at the London School of Economics.