About the Bank

Paul Jenkins was appointed Senior Deputy Governor of the Bank of Canada in April 2003, for a term of seven years. He is the Bank's Chief Operating Officer and, along with the Governor, is a member of the Board of Directors of the Bank. Mr. Jenkins' duties include acting for the Governor, overseeing strategic planning and coordinating all the Bank's operations, sharing responsibility for the conduct of monetary policy as a member of the Bank's Governing Council, and participating in fulfilling the Bank's responsibilities for promoting financial stability. At the time of his appointment, Mr. Jenkins was Deputy Governor of the Bank, a position he had held since 1992.

Born in St. Catharines, Ontario, Mr. Jenkins graduated from the University of Western Ontario in 1971 with an honours bachelor of arts degree in economics. He then attended the London School of Economics and Political Science, where he received a master of science degree in economics in 1972. In 1982–83, he continued his studies in economics at Princeton University.

Mr. Jenkins joined the Bank of Canada in 1972 as an economist with the Research Department. In 1978, he moved to the Department of Monetary and Financial Analysis and was named Deputy Chief of the Department in 1983. He became Chief of the Research Department in 1984 and was made an Adviser to the Governor in January 1989.