CNB’s Tůma ends term seven months early


Zdeněk Tůma, the governor of the Czech National Bank, on Thursday resigned seven months before his term was due to end in a bid to avoid over half the central bank's board changing at the same time.

Tůma, who delivered his resignation letter to Czech President Václav Klaus on Tuesday afternoon, will resign with effect of 30 June 2010. Tůma's second six-year term was slated to end in February 2011.

The terms of office of three other Board members, one vice governor and two other Board members, ar

To continue reading...

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 indvidual account here: