Deputy governor John Murray to retire from Bank of Canada next year
John Murray, Deputy Governor of the Bank of Canada, poses for a portrait after his speech during the Kiel Institute's 80th International Business Cycle Conference in the Canadian Embassy in Berlin, on Tuesday, Sept. 15, 2009. (AP / Gero Breloer)
Published Monday, December 23, 2013 2:57PM EST
OTTAWA -- The Bank of Canada says deputy governor John Murray will retire next year, the second pending departure from the central bank's upper ranks.
Murray will step down on April 30, 2014, a day before senior deputy governor Tiff Macklem is scheduled to leave.
Murray, who has been a deputy governor since in January 2008, has overseen the central bank's analysis of domestic and international economic developments.
Macklem announced earlier this month that he will leave the bank on May 1, 2014, to become dean at the Rotman School of Management at the University of Toronto.
Macklem had been widely considered a leading candidate to succeed Mark Carney as governor but the job went to Stephen Poloz, who has was been governor since June.