Iceland’s government appoints new central bank governor

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Iceland’s government appointed an economics professor to a five-year term as the country’s central bank governor on July 24.

Prime minister Katrín Jakobsdóttir from the Left-Green Movement appointed Ásgeir Jónsson to head the Central Bank of Iceland, starting on August 20. The new governor has worked in Iceland’s troubled banking sector before, during and after the financial crisis, as well as holding university posts.

Jónsson replaces Már Guðmundsson, who has led the central bank since July

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