Deputy BoI Governor Karnit Flug resigns

Flug wished Leo Leiderman success, and said that she would leave the Bank of Israel a month after he takes up his post, in order to help him get oriented.

Deputy Governor of the Bank of Israel Karnit Flug resigned yesterday, following the appointment of Leo Leiderman as governor. Flug has served at the Bank of Israel for 25 years, and has been acting governor since the departure of Stanley Fischer at the end of June.

Flug wished Leiderman success, and said that she would leave the Bank of Israel a month after Leiderman takes up his post, in order to help him get oriented.

Although Flug had been mentioned as a possible successor to Fischer, who appointed her to the post of deputy governor, market sources said that Prime Minister Benjamin Netanyahu strongly opposed it because he felt that she was unsuited for the job. Both Fischer and Minister of Finance Yair Lapid had said that Flug was their preferred candidate.

Published by Globes [online], Israel business news - www.globes-online.com - on August 1, 2013

© Copyright of Globes Publisher Itonut (1983) Ltd. 2013

5 Comments
View comments in rows
Update by email about comments talkback
POST
Comments
Your name
Please insert your name
Content
Hyperlink in a new window Hyperlink Right Left underline italic bold Bulleted List Ordered List Face1 Face2 Face3 Face4 Face5 Face6
Your comment

Thanks
You comment was recieved and soon will be published.
In posting comments, I agree to abide by the Terms of Use
Globes encourages lively and frank debate, but posts that the editors consider merely abusive or otherwise inappropriate will be removed. Report inappropriate content
Thank you for posting your comment, which will be reviewed for publication.
Loading Comments...load
Load more comments
Twitter Facebook Linkedin RSS Newsletters