BREAKING NEWS

Governor of the Bank of Israel Dr. Karnit Flug will not seek further term

JULY 6, 2018 14:28

Governor of the Bank of Israel Dr. Karnit Flug told Prime Minister Benjamin Netanyahu on Thursday that she will not stand as a candidate for an additional term in office.

Her five-year term will end on November 12, 2018.

“I was privileged to head an organization of the highest quality, which works with professionalism, dedication, and loyalty," said Flug.

"On a daily basis [the organization] lives up to the vision it set for itself — to be among the most advanced central banks and to contribute to the prosperity of Israel and the welfare of its citizens."

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