Mark J. Carney is the eighth and current governor of the Bank of Canada

Bank of Canada

The Bank of Canada is Canada's central bank and "lender of last resort". The Bank was created by an Act of Parliament on July 3, 1934 as a privately owned corporation. In 1938, the Bank became a Crown corporation belonging to the Government of Canada...

 and the Chairman of the Financial Stability Board

Financial Stability Board

The Financial Stability Board is an international body that monitors and makes recommendations about the global financial system. It was established after the 2009 G-20 London summit in April 2009 as a successor to the Financial Stability Forum. The Board includes all G-20 major economies, FSF...

, an institution of the G20 based in Basel, Switzerland. These appointments were on October 4, 2007 (for a seven-year term), and on November 4, 2011 (for a three-year term). Carney achieved these positions by working his way up the ranks of Goldman Sachs

Goldman Sachs

The Goldman Sachs Group, Inc. is an American multinational bulge bracket investment banking and securities firm that engages in global investment banking, securities, investment management, and other financial services primarily with institutional clients...

, the Canadian Department of Finance

Department of Finance (Canada)

-Function:Department of Finance Canada operates under the Minister of Finance. Its purpose is to ensure a healthy Canadian economy by developing polices of sound economic management and providing expert advice to the government....

, and the Bank of Canada as Deputy Governor. Carney has been credited with shielding Canada

Canada

Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...

 from the worst effects of the late-2000s financial crisis

Late-2000s financial crisis

The late-2000s financial crisis is considered by many economists to be the worst financial crisis since the Great Depression of the 1930s...

, and has earned recognition by the Financial Times

Financial Times

The Financial Times is an international business newspaper. It is a morning daily newspaper published in London and printed in 24 cities around the world. Its primary rival is the Wall Street Journal, published in New York City....

and TIME

Time (magazine)

Time is an American news magazine. A European edition is published from London. Time Europe covers the Middle East, Africa and, since 2003, Latin America. An Asian edition is based in Hong Kong...

magazine as a top figure in the financial world.
Mark Carney was born in Fort Smith, Northwest Territories

Fort Smith, Northwest Territories

Fort Smith is a town in the South Slave Region of the Northwest Territories, Canada. It is located in the southeastern portion of the Northwest Territories, on the Slave River and adjacent to the NWT/Alberta border.-History:Fort Smith's history began because of the Slave River and the vital link...

.