Malcolm Knight - Career

Career

Malcolm Knight received an Honour B.A. in Political Science and Economics from the University of Toronto and M.Sc. (Economics) and Ph.D. degrees from the London School of Economics and Political Science.

From 1971 to 1975, Dr. Knight taught at the University of Toronto and then at the London School of Economics.

In 1975 Knight joined the Research Department of the International Monetary Fund, where he was an economist in the financial studies division before becoming Chief of external adjustment issues and then Assistant Director of the Research Department for developing country studies. In 1992 Knight moved to the operational departments of the IMF where he served, successively, as Deputy Director of the Middle East Department, the Monetary and Exchange Affairs Department, and the European 1 Department.

While at the IMF, Dr. Knight also served for many years as an adjunct professor with the Center for Canadian Studies at the Johns Hopkins University School of Advanced International Studies. During 1985-86 Knight was an Academic Visitor at the Centre for Labour Economics, London School of Economics and Political Science, and he served for 11 years, until 1997, on the Editorial Board of the IMF Staff Papers.

In 1999 Dr. Knight was appointed Senior Deputy Governor of the Bank of Canada. As the number two in Canada's central bank, Knight was its chief operating officer and a member of its Board of Directors. His key duties included overseeing strategic planning and coordinating all the Bank's operations, acting for the Governor, and sharing responsibility for the conduct of monetary policy as a member of the Bank's Governing Council.

Malcolm Knight became General Manager and chief executive officer of the Bank for International Settlements (BIS) in April 2003. He was the first person from outside Europe to hold this position. On 20 June 2008, Dr. Knight announced that he would take a position with Deutsche Bank and that he would leave the BIS on 30 September 2008.

Knight was Vice Chairman of Deutsche Bank Global Group, based in New York, from October 2008 to March 2012, overseeing the firm's relationships and interaction with global regulators and central banks.

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