Connect with us

Hi, what are you looking for?

Jewish Business News

Money

Bank of Israel Governor to Step Down

Stanley Fischer to leave post in June after more than 8 years as head of the central bank

 By Susan Lerner

US Economist Stanley Fischer Appointed As Bank of Israel Governor

Stanley Fischer and Binyamin Netanyaho / Getty

Bank of Israel Governor Stanley Fischer today notified Prime Minister Binyamin Netanyahu he will step down from the post on June 30, in the middle of his second term, after more than eight years as head of the central bank.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.

Fischer, who took the position on May 1, 2005, following the recommendation of then Finance Minister Netanyahu, was re-appointed in May 2010 for a second five-year term.

The announcement was made today in a press release from the Bank of Israel. No reason was given for the early departure.

The Governor said that in the coming months he will continue to deal fully with all matters pertaining to the central bank.

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.

Copyright © 2021 Jewish Business News