The 50 most influential regulators

19 January 2011 8:42 am | By Chris Salih

The chairman of the Basel Committee for Banking Supervision Nout Wellink has had the greatest influence of financial regulation in the past 12 months, according to a survey by Global Financial Strategy.

Wellink, who is also a Dutch central banker, topped the 50-strong list of men and women, beating the likes of Financial Board Stability chairman Mario Draghi and European Central Bank president Jean-Claude Trichet, who were second and third respectively.

Others prominent figures in the top 10 included German chancellor Angela Merkel, US president Barack Obama and China president Hu Jintao.

GFS editor Nicola York says: “Many are recognised because of their direct contribution to decision making. Others are credited for providing the intellectual or philosophical substance behind stark or subtle yet profound changes in direction.”

GFS Power 50 –Full List

1 Nout Wellink, Chair, Basel Committee for Banking Supervision & President of De Nederlandsche Bank

2 Mario Draghi, Chairman, Financial Stability Board & Governor of Banca d’Italia

3 Jean-Claude Trichet, President, European Central Bank

4 Barney Frank, Former Chairman of US House Finance Services Committee

5 Angela Merkel, Chancellor of Germany

6 Barack Obama, US President

7 Hu Jintao, President of People’s Republic of China

8 Dominique Strauss-Kahn, Managing Director of International Monetary Fund

9 Michel Barnier, EU Internal Market and Services Commissioner

10 Timothy Geithner, US Treasury Secretary

11 Jaime Caruana, General Manager of Bank for International Settlements

12 Gary Gensler, Chairman of US Commodity Futures Trading Commission

13 Paul Volcker, Chairman of US President’s Economic Recovery Advisory Board

14 Ben Bernanke, Chairman of US Federal Reserve

15 Zhou Xiaochuan, Governor of People’s Bank of China

16 Chris Dodd, US Senator & Chairman, Former Chairman of US Senate Banking Committee

17 Sheila Bair, Chair of US Federal Deposit Insurance Corporation

18 Wolfgang Schäuble, Finance Minister of Germany

19 Christine Lagarde, Minister of Economic Affairs, France

20 Sharon Bowles, Chair of European Parliament’s Economic and Monetary Affairs Committee

21 Masaaki Shirakawa, Governor of Bank of Japan

22 Axel Weber, President of Deutsche Bundesbank

23 Jean-Claude Juncker, Prime Minister of Luxembourg & President of Eurogroup

24 Mary Schapiro, Chair of US Securities & Exchange Commission

25 George Osborne, UK Chancellor of the Exchequer

26 Larry Summers, Director of White House National Economic Council

27 Norman Chan, Chief Executive of Hong Kong Monetary Authority

28 Mark Carney, Governor of Bank of Canada

29 Duvvuri Subbarao, Chairman of Reserve Bank of India

30 Herman Van Rompuy, President of European Council

31 Agus Martowardojo, Finance Minister of Indonesia

32 Elizabeth Warren, Chair of US Congressional Oversight Panel on TARP

33 José Manuel Barroso, President of European Commission

34 Blanche Lincoln, Former Chair of US Senate Committee on Agriculture

35 Gordon Brown, former UK Prime Minister

36 Liu Mingkang, Chairman of China Banking Regulatory Commission

37 Henrique Meirelles, outgoing Governor of Central Bank of Brazil

38 Haruhiko Kuroda, President, Asia Development Bank

39 Mervyn King, Governor of Bank of England

40 Svein Andresen, Secretary General of Financial Stability Board

41 Eddy Wymeersch, former Chairman of Committee of European Securities Regulators

42 Olli Rehn, EU Economic and Monetary Affairs Commissioner

43 Dong-Soo Chin, Chairman of South Korea Financial Services Commission

44 Christian Noyer, Governor of Banque de France

45 David Tweedie, Chairman, International Accounting Standards Board

46 Spencer Bachus, Former Ranking Member on US House Financial Services Committee

47 Tharman Shanmugaratnam, Minister of Finance, Singapore

48 Adair Turner, Chairman, UK Financial Services Authority

49 Bob Herz, former Chairman, US Financial Accounting Standards Board

50 Jeffrey Owens, Director of OECD Centre for Tax Policy and Administration

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