<P> The Governor of the Bank of Canada is chief executive officer and the chairman of the board of directors of the Bank of Canada; the incumbent governor is Stephen S. Poloz, who assumed the office on June 3, 2013 . Poloz was formerly the head of Export Development Canada . The Governor and Deputy Governor shall be appointed by the directors with the approval of the Governor in Council . (See Bank of Canada Act 1985, Section 6 (1) http://laws-lois.justice.gc.ca/eng/acts/b-2/FullText.html) </P> <Ul> <Li> Hold the bank's capital (one hundred thousand shares) on behalf of Her Majesty in right of Canada . </Li> <Li> The governor and deputy governor sign each series of Canadian banknotes . </Li> <Li> The Governor is ex-officio the Alternate voter on the IMF . </Li> </Ul>

Who appoints the governor of the bank of canada