People: Israeli government confirms Flug successor

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Israel: The US academic Amir Yaron will succeed Karnit Flug as the governor of the Bank of Israel, after being confirmed by Israeli government ministers on November 18. He is set to start on December 24.

Yaron was born in Israel but spent his academic career in the US. Yaron was co-editor of The Review of Asset Pricing Studies and editor of Quantitative Economics and Financial Research Letters.

His most recent role was as professor of banking and finance at the Wharton School at the

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