The Bank of Canada Senior Deputy Governor recruitment is led by Boyden Public Practice expert, Eric Lathrop
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The search is officially on for a new senior deputy governor at the Bank of Canada.
With Carolyn Wilkins moving on when her term ends May 1, the Ottawa-based central bank published the job posting Wednesday. The search for her replacement will be undertaken by recruiting firm Boyden.
Wilkins started her career at the Bank of Canada in 2001 and was named second-in-command in 2014 under former Governor Stephen Poloz, becoming the first woman to hold the post.
She was seen as one of the front-runners to succeed Poloz but was passed over for Tiff Macklem, who took the reins as governor in June. A month later the bank pledged to keep its policy interest rate near zero until at least 2023 as the economy recovers from the COVID-19 pandemic.
The bank is looking for a bilingual candidate who has a “sophisticated understanding of economics and finance, a deep knowledge of Canada’s financial system and its major players, and superior analytical and communication skills,” according to the posting. Wilkins’s successor must also “have effectively helped to lead an organization through change and uncertainty” and will need to “collaborate with a diverse range of partners and stakeholders.”
Wilkins is currently the only woman on the bank’s six-person governing council, which is responsible for making policy decisions.