Foreign Affairs and International Trade Canada

Foreign Affairs and International Trade Canada

May 14, 2008 16:53 ET

Nomination of Canada's Alternate Governor to Multilateral Banks

OTTAWA, ONTARIO--(Marketwire - May 14, 2008) - The Honourable Maxime Bernier, Minister of Foreign Affairs, today announced the nomination of James A. Haley as Canada's alternate governor to four multilateral banks.

Minister Bernier made the announcement in his capacity as Governor for Canada to the African Development Bank, Asian Development Bank, Inter-American Development Bank and the Caribbean Development Bank.

"I am pleased that Mr. Haley will serve as alternate governor for these four multilateral development banks," said Minister Bernier. "These regional institutions are important partners in our efforts to advance equitable development and good governance. Mr. Haley has broad experience in international finance and is well-qualified to further the work of these Banks."

Multilateral development banks are important international financial institutions that assist countries to achieve their development objectives and promote economic growth through the provision of financial and technical support.

BIOGRAPHICAL NOTE

James A. Haley (BA (Economics), Carleton University, 1981, MA, Queen's University, 1982) is currently the General Director of the International Trade and Finance Branch at Finance Canada, where, from 1996 to 2003, he served as senior chief, Economic and Fiscal Policy Branch, and, subsequently, director in the International Trade and Finance Branch. From 2003 to 2006, he was a research director at the Bank of Canada responsible for issues such as international economic and financial market developments, external imbalances, International Monetary Fund (IMF) reform and related policy issues. From 1993 to 1996, he worked for the IMF in Washington, D.C., as a senior economist. Mr. Haley has done post-graduate work at Queen's University in international trade and finance, monetary economics and mathematical economics.

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