LONDON Jan 13 European Central Bank Governor
Mario Draghi has won the inaugural Governor of the Year award
for 2014 from specialist publication Central Banking, the
London-based media group said on Monday.
Draghi's leadership helped restore confidence in crisis-hit
Europe, Central Banking said, without naming any runners-up.
In accepting the award, Draghi said: "Thanks to both the
ECB's actions and hard work by governments in implementing
fiscal consolidation and structural reforms, conditions in
financial markets have gradually eased since July 2012."
"It is still too early to declare victory and the recovery
remains fragile, but we can see our very accommodative monetary
policy stance finally finding its way through the economy."
More than 120 central banks in the world subscribe to
Central Banking Publications.
The Central Bank of Colombia has won the reserve manager of
the year award. The bank has been actively investing to enhance
returns and control risks on its currency reserves, diversifying
currencies, buying some corporate bonds and outsourcing to
external managers. Colombia had $43.6 billion of international
reserves at the end of 2013, up 16 percent on the year.
"The Central Bank of Colombia's dynamic reserves management
strategy and impressive performance amidst turmoil in the U.S.
dollar and emerging market currencies make it stand out from the
crowd in 2013," Central Banking said.
BlackRock has won the asset manager of the year award for
its offering of active, passive and exchange-traded funds
(Reporting by Natsuko Waki; Editing by Hugh Lawson)