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Iceland appoints new central bank governor

Ingimundur Fririksson was appointed governor of the Central Bank of Iceland on Thursday 29 June.

The Office of the Prime Minister of Iceland issued a statement saying: "The Prime Minister has today accepted a request by Jon Sigursson, Minister for Industry and Commerce, to be relieved of his duties as Governor of the Central Bank of Iceland."

Ingimundur Fririksson, assistant governor, moves to the post of Governor of the central bank for a term of seven years, effective from 1 September 2006.

Ingimundur Fririksson has served as assistant governor of the central bank since 1994, and has been appointed for two temporary terms as a governor of the bank, in 2002-2003 and again from June until the end of August 2006.

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