Prime Minister Benjamin Netanyahu and Minister of Finance Moshe Kahlon interview candidates for the appointment of the new Governor of the Bank of Israel. Prof. dr. Efraim Sadka, emeritus professor at the Eitan Berglas School of Economics at Tel Aviv University and a member of the Supervisory Council of Bank of Israel, was interviewed this afternoon, said the premier's cabinet, and Prof. Ben-Zion Zilberfarb of Bar -Ilan University, a former Director General of the Ministry of Finance was interviewed a few days ago and Dr. Mario Blejer, the former governor of the Central Bank of Argentina for the job, will be interviewed later today.
Other names mentioned include prof. Avi Simhon, chairman of the National Economic Council, who meets the Netanyahu criteria. Simhon said that he is not interested in the job, but sources near the prime minister say he would not refuse the position if it were offered to him officially.
According to an agreement between them, Netanyahu will propose candidates and Kahlon can veto.
The current Governor of Bank of Israel, Dr. Karnit Flug, ends her term of five years on 12 November. If no appointment is made, her Deputy Dr. Nadine Baudot-Trajtenberg resigned, although her tenure ends in February 2019.
In 2013, when Stanley Fischer resigned mid-way to return to the US and recommended that he be replaced by his deputy Flug, Netanyahu and then Finance Minister Yair Lapid did not find a suitable candidate. Flug was eventually appointed by default and became the first woman to ever serve as governor of the Bank of Israel.
Published by Globes [online], Business news about Israel – www.globes-online.com – on August 19, 2018
© Copyright or Globes Publisher Itonut (1983) Ltd. 2018