Zhou Xiaochuan, former governor of the People's Bank of China (PBOC), has won the UK's 2019 Central Banking award for his lifetime achievements, according to the official website for Central Banking.
“The former People's Bank of China governor stands out for his high levels of integrity, intellectual rigor and bold reforms that have served the public interest in China and elsewhere,” Central Banking said in an article.
“His leadership is reflected in the significantly upgraded institutional capacity and credibility of the PBOC, which Zhou helped turn into an apex macroeconomic problem-solver for China.”
The former central bank governor, who served as the head of PBOC between 2002 and 2018, is the sixth winner globally of the award for central bankers.
Previous winners include the American Paul Volcker, France's Jacques de Larosiere and Malaysia's Zeti Akhtar Aziz.
