Board member appointed as next Czech governor

Jiří Rusnok
Jiří Rusnok: "I am greatly honoured to… stand at the helm of this unique and internationally acclaimed institution"

Jiří Rusnok will be the next Czech National Bank (CNB) governor, it was announced today (May 25). As a member of its board, his appointment was widely expected.

Rusnok, a former prime minister of the Czech Republic, will succeed Miroslav Singer on July 1. Helena Horská, chief economist at Raiffeisenbank, Czech Republic, described him as a "man of compromise". "He seems to prefer gradual changes rather than aggressive or radical ones," she told Central Banking.

He is already responsible for

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