Archive: 6/25/2013
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  6/25/2013, Tammuz 17, 5773

Deputy BOI Governor to Temporarily Fill in for Frenkel


The Deputy Governor of the Bank of Israel, Karnit Flug, will temporarily fill in for the incoming Governor Jacob Frenkel, after Professor Stanley Fischer concludes his term at the end of this month.

Prime Minister Binyamin Netanyahu and Flug met on Monday evening and decided that, since Frenkel’s entry into the role will be delayed due to his duties as chairman of the JP Morgan Chase Bank, Flug will fill in for him for several weeks. When Frankel begins his duties at the Bank of Israel, Flug will continue to serve as Deputy Governor.