Jing Yang

Jing Yang was appointed Managing Director of the Bank of Canada’s Financial Stability Department (FSD) effective November 12, 2019. In this capacity, she leads the Bank’s analysis and research on issues related to the financial sector in Canada and abroad; the assessment of risks to financial system stability; and the oversight of systemically important payment clearing and settlement systems.

Before she became Managing Director of FSD, Ms. Yang was Deputy Managing Director of the Canadian Economic Analysis Department (CEA). In this role, Ms. Yang oversaw the analysis of economic conditions in Canada and provided advice on the conduct of monetary policy. From 2014 to 2016, she served as Senior Research Director in the Bank’s Financial Markets Department (FMD)

Prior to joining the Bank of Canada, Ms. Yang worked at the Bank for International Settlements and the Bank of England, where she held various positions with increasing responsibilities. She has also had a short span at the European Central Bank. Ms. Yang’s research has extended across almost every area of central banking. Her work on the optimal level of bank capital was covered by The Financial Times and The Economist Magazine and has been replicated by a number of central banks.

Ms. Yang holds a Doctorate in Economics from Concordia University in Montréal, as well as a Master of Arts and a Bachelor of Arts in Economics from Fudan University in Shanghai, China. In 2018, Ms. Yang received a Women Worth Watching leadership award from the Profiles in Diversity Journal.