Slovak President appoints Makúch as new central bank governor

President Ivan Gašparovič on Monday, January 11, appointed Jozef Makúch to the post of governor of the National Bank of Slovakia (NBS). Slovakia's membership of the eurozone means Makúch will take Slovakia’s chair on the governing council of the European Central Bank (ECB).

President Ivan Gašparovič on Monday, January 11, appointed Jozef Makúch to the post of governor of the National Bank of Slovakia (NBS). Slovakia's membership of the eurozone means Makúch will take Slovakia’s chair on the governing council of the European Central Bank (ECB).

The new governor, who is 56 years old and has been on the NBS bank board since January 2006, replaces Ivan Šramko, whose term in office expired at the end of 2009. Šramko himself turned down a further term as governor.

The government and parliament approved Makúch's appointment in December. Šramko said in December that he was satisfied with the government's choice to replace him, noting that he has been active in the financial sphere for a long time. "I certainly expect him to affirm continuity and to continue to develop the good name of the institution. I expect that he'll continue normally as an experienced person for whom this area isn't new," added the former governor. TASR

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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