Abdellatif Jouahri, the Governor of Bank Al-Maghrib (BAM), has been recognized as one of the best central bank governors in the world, according to the latest ranking by the American magazine Global Finance. Jouahri received an “A” rating, making him the only central banker from the Middle East and North Africa (MENA) region to be featured in the top 10 of the 2024 “Central Banker Report Cards.”
The Global Finance report, published annually since 1994, evaluates the performance of central bank governors from nearly 100 countries, territories, and key regions, including the European Union, the Eastern Caribbean Central Bank, the Central Bank of West African States, and the Bank of Central African States.
Joseph Giarraputo, the publisher and editorial director of Global Finance, noted that central banks have “led the fight against inflation in recent years, using interest rate hikes as their primary tool.” He added that countries worldwide are now seeing the tangible results of these efforts, with inflation significantly declining.
Global Finance‘s annual reports commend central bank governors “whose strategies have outperformed those of their peers due to their originality, creativity, and tenacity,” Giarraputo emphasized.
The ratings given by Global Finance range from “A” to “F” and assess governors on their performance in controlling inflation, achieving economic growth targets, maintaining monetary stability, and managing interest rates. An “A” rating signifies excellent performance, while an “F” indicates a complete failure.
In addition to Jouahri, other central bankers who received an “A” rating include Roberto Campos Neto (Brazil), Rosanna Costa (Chile), Harvesh Kumar Seegolam (Mauritius), Lesetja Kganyago (South Africa), Nandalal Weerasinghe (Sri Lanka), and Nguyen Thi Hong (Vietnam).
The full report and ratings will be published in the October edition of Global Finance and will also be available digitally on their website, www.GFMag.com.
Founded in 1987, Global Finance is a leading international publication in the financial news sector. The magazine, which reaches 50,000 readers in 193 countries, covers topics related to global finance, including corporate finance, joint ventures, mergers and acquisitions, capital markets, currencies, banking, and risk management.
