Central banks differ over board term limits

Nearly half of responding central banks impose no term limits on board members

Central banks boards face a range of different limits on the number of terms board members can serve, data from the Governance Benchmarks 2023 shows.

All participating central banks said board members are allowed to serve more than one term. Some 46% of respondents have unlimited terms for board members. Another 40% allow two terms of service, 11% give directors three terms and 3% accept four terms.

A total of 35 institutions provided responses on how many terms board members can serve.



Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account