PANews reported on November 26 that, according to the BIS website, Tommaso Mancini-Griffoli will join the Bank for International Settlements (BIS) on March 1, 2026, as head of the BIS Innovation Hub for a five-year term and will join the BIS Executive Board. He currently serves as Assistant Director of the Monetary and Capital Markets Department at the IMF, responsible for payments, monetary and financial market infrastructure. The BIS Innovation Hub covers seven centers (Frankfurt/Paris, Hong Kong, London, Singapore, Stockholm, Switzerland, and Toronto) and maintains strategic cooperation with the Federal Reserve. His predecessor was Cecilia Skingsley; prior to his arrival, Andréa M. Maechler, Deputy Managing Director of the BIS, served as acting head.