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Mark J. Carney (born March 16, 1965)[1] is the governor of the Bank of Canada. Appointed on October 4, 2007, Carney began his seven-year term as the Bank's eighth governor on February 1, 2008.[2][3] At the time of his appointment, Carney was the youngest central bank governor among the G8 and G20 groups of nations
Goldman Sachs
Before joining the Canadian public service, Carney spent thirteen years with Goldman Sachs in its London, Tokyo, New York and Toronto offices. His progressively more senior positions included co-head of sovereign risk; executive director, emerging debt capital markets; and managing director, investment banking. He worked on South Africa's post-apartheid venture into international bond markets, and was involved in Goldman's work with the 1998 Russian financial crisis.[5]
Goldman's role in the Russian crisis was criticized at the time because while the company was advising Russia it was simultaneously betting against the country's ability to repay its debt.[7]