New Delhi: In a spectacular feat that has sent shockwaves through the financial world, Reserve Bank of India Governor Shaktikanta Das has been crowned the supreme global central banker by the prestigious US-based Global Finance magazine. This remarkable achievement comes as a testament to his exceptional performance in the Global Finance Central Banker Report Cards 2023, where he clinched an ‘A’ rating.
A triumph of leadership
Shaktikanta Das has not just risen to the top; he has soared above a distinguished trio of central bank governors, all earning an ‘A’ grade. The grading system evaluates central bankers on their prowess in inflation control, achievement of economic growth targets, maintenance of currency stability, and adeptness in interest rate management. An ‘A’ signifies a truly outstanding performance in these crucial areas.
Global acknowledgment
Following closely behind Shaktikanta Das in this prestigious ranking are Switzerland’s Governor Thomas J Jordan and the central bank chief of Vietnam, Nguyen Thi Hong. Their commendable performances have not gone unnoticed in a world grappling with inflationary pressures fueled by pent-up demand and disrupted supply chains.
Celebrating vision and dedication
Global Finance’s annual Central Banker Report Cards are a celebration of visionary leaders in the banking realm. Those who outshine their peers through originality, creativity, and unwavering commitment are awarded the coveted ‘A’ grade. Joining Shaktikanta Das in this elite club are notable names like Roberto Campos Neto of Brazil, Amir Yaron of Israel, Harvesh Kumar Seegolam of Mauritius, and Adrian Orr of New Zealand.
Honorable mention
Not to be overshadowed, several central bank governors have also earned high praise with an ‘A-‘ grade. Among them are Leonardo Villar of Colombia, Hector Valdez Albizu of the Dominican Republic, Asgeir Jonsson of Iceland, and Perry Warjiyo of Indonesia, demonstrating their dedication to steering their economies through challenging times.
A global evaluation
The Central Banker Report Cards, an annual tradition since 1994, extend their reach across 101 countries, territories, and districts, including major entities like the European Union and influential regions like the Eastern Caribbean Central Bank. This comprehensive evaluation reflects the importance of central bank leadership on a global scale.
In a world seeking stability and economic prosperity, Shaktikanta Das and his fellow ‘A’ grade central bankers stand out as beacons of hope and innovation. Their exceptional leadership has not only secured their nations’ financial well-being but has also earned them the highest accolades on the international stage.