Romania’s National Bank governor: Parliament to decide on renewal of my term beyond 2019

Georgeta Gheorghe 09/05/2018 | 15:58

The governor of the National Bank of Romania (BNR) Mugur Isarescu said on Wednesday that the Parliament will have the final say on the renewal of his term after it expires in 2019.

The governor said that, as by the time his term expires, he will have turned 70 years old, he should retire. He likened his situation to that of an academic, who cannot teach after turning 70.

“Next fall my mandate will expire. I am turning 70 and, just like with professors, after 70 you can’t do it anymore. The Parliament will choose,” the BNR governor said.

Isarescu has been a governor of the BNR since 1990 and is one of the lingers serving central bank governors in the world.

BR Magazine | Latest Issue

Download PDF: Business Review Magazine March (II) 2024 Issue

The March (II) 2024 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “BAT DBS Romania Hub: A Vibrant New Office For An Employee-Centric
Georgeta Gheorghe | 27/03/2024 | 17:32
Advertisement Advertisement
Close ×

We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

Accept & continue