The Basel Committee has named Wayne Byres, an executive general manager of the Australian Prudential Regulation Authority, as its next Secretary General. Byres is currently responsible for the supervision of large complex banks in APRA, a post he has held for the past seven years. Prior to joining APRA in 1998, Byres served as a senior manager in the bank supervision department at the Reserve Bank of Australia. Byres will also take over as chair of the Committee's Policy Development Group.