Top US banker to head Israeli central bank: government
JERUSALEM (AFP) - Prominent US banker Stanley Fischer, vice chairman of Citigroup, is to to be appointed the next governor of the Bank of Israel, Prime Minister Ariel Sharon's office said.
A statement said Sharon and Finance Minister Benjamin Netanyahu had recommended Fischer to take over the country's central bank. The choice only needs to be formally approved by the state appointments commission and President Moshe Katsav.
Fischer, 61, a fluent Hebrew speaker, is a former first deputy managing director of the International Monetary Fund and has acted as an adviser to the Israeli treasury in the past.
Fischer, who was born in Zambia in 1943, served at the IMF from 1994 to 2001 and joined Citigroup in 2002.
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Israel has a unique central bank, doesn't it? In most other countries, the central bank controls the Congress/parliment, etc... I believe in Israel, though, the central bank actually does answer to the Knessat...
Just something I've heard.. not sure if it's true or not.