Dietrich will replace Svein Andresen, who the FSB thanked for his dedication and contribution to international regulatory and macroprudential policies over nearly two decades.
The secretary general is appointed by the FSB Plenary under a five-year renewable contract and reports to the FSB chair.
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Dietrich is currently deputy head of the monetary and economic department and head of economic analysis at the BIS.
The FSB is chaired by Mark Carney, the governor of the Bank of England, and is located in Switzerland.
It was established to coordinate at the international level the work of national financial authorities and international standard-setting bodies, as well as to develop and promote the implementation of effective regulatory, supervisory and other financial sector polices.
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