Paul Jenkins (economist)
Encyclopedia
Paul Jenkins is a Canadian economist and Distinguished Fellow at The Centre for International Governance Innovation
. He was most recently the Senior Deputy Governor and Chief Operating Officer of the Bank of Canada
, the number two position in that institution.
Born in St. Catharines, Ontario
, he graduated from Sir Winston Churchill Secondary School (St. Catharines)
. Jenkins completed his undergraduate economics education at The University of Western Ontario with an honours bachelor of arts degree in economics. He then attended the London School of Economics and Political Science, where he received a master of science degree in economics in 1972. In 1982–83, he continued studies in economics at Princeton University
.
Jenkins joined the Bank of Canada in 1972 as an economist with the Research Department. In 1978, he moved to the Department of Monetary and Financial Analysis and was named Deputy Chief of the Department in 1983. He became Chief of the Research Department in 1984 and was made an Adviser to the Governor in January 1989. He became a Deputy Governor of the Bank in 1992 and held that appointment until becoming Senior Deputy Governor and Chief Operating Officer in 2003. His duties included acting for the Governor, overseeing strategic planning and coordinating all the Bank's operations, sharing responsibility for the conduct of monetary policy as a member of the Bank's Governing Council, and participating in fulfilling the Bank's responsibilities for promoting financial stability.
Jenkins was considered the front-runner to succeed David A. Dodge
as Governor but instead was passed over in favour of Mark Carney
. Jenkin notified the board on October 29, 2009 that he would not seek a renewal once his seven-year term expired in April 2010.
Centre for International Governance Innovation
The Centre for International Governance Innovation is an independent, non-partisan think tank on global governance. Led by experienced practitioners and academics, CIGI supports research, forms networks, advances policy debate and generates ideas for multilateral governance improvements...
. He was most recently the Senior Deputy Governor and Chief Operating Officer of the Bank of Canada
Bank of Canada
The Bank of Canada is Canada's central bank and "lender of last resort". The Bank was created by an Act of Parliament on July 3, 1934 as a privately owned corporation. In 1938, the Bank became a Crown corporation belonging to the Government of Canada...
, the number two position in that institution.
Born in St. Catharines, Ontario
Ontario
Ontario is a province of Canada, located in east-central Canada. It is Canada's most populous province and second largest in total area. It is home to the nation's most populous city, Toronto, and the nation's capital, Ottawa....
, he graduated from Sir Winston Churchill Secondary School (St. Catharines)
Sir Winston Churchill Secondary School (St. Catharines)
Sir Winston Churchill Secondary School is a secondary school in St. Catharines, Ontario, Canada. It is one of 8 public high schools in St. Catharines, and is located in the Glenridge area of the city...
. Jenkins completed his undergraduate economics education at The University of Western Ontario with an honours bachelor of arts degree in economics. He then attended the London School of Economics and Political Science, where he received a master of science degree in economics in 1972. In 1982–83, he continued studies in economics at Princeton University
Princeton University
Princeton University is a private research university located in Princeton, New Jersey, United States. The school is one of the eight universities of the Ivy League, and is one of the nine Colonial Colleges founded before the American Revolution....
.
Jenkins joined the Bank of Canada in 1972 as an economist with the Research Department. In 1978, he moved to the Department of Monetary and Financial Analysis and was named Deputy Chief of the Department in 1983. He became Chief of the Research Department in 1984 and was made an Adviser to the Governor in January 1989. He became a Deputy Governor of the Bank in 1992 and held that appointment until becoming Senior Deputy Governor and Chief Operating Officer in 2003. His duties included acting for the Governor, overseeing strategic planning and coordinating all the Bank's operations, sharing responsibility for the conduct of monetary policy as a member of the Bank's Governing Council, and participating in fulfilling the Bank's responsibilities for promoting financial stability.
Jenkins was considered the front-runner to succeed David A. Dodge
David A. Dodge
David A. Dodge, OC, FRSC is a Canadian economist. He served a seven-year term as Governor of the Bank of Canada from February 1, 2001 to January 31, 2008. He was succeeded by Mark Carney. On September 12, 2008 he joined Bennett Jones LLP, a leading Canadian law firm, as a senior advisor in their...
as Governor but instead was passed over in favour of Mark Carney
Mark Carney
Mark J. Carney is the eighth and current governor of the Bank of Canada and the Chairman of the Financial Stability Board, an institution of the G20 based in Basel, Switzerland. These appointments were on October 4, 2007 , and on November 4, 2011...
. Jenkin notified the board on October 29, 2009 that he would not seek a renewal once his seven-year term expired in April 2010.