Israeli prime minister Benjamin Netanyahu and finance minister Yair Lapid have to appoint Leonardo Leiderman as the new governor of the Bank of Israel.
Leiderman has been on the faculty at Tel Aviv University since 1979 and has been a university professor for the last 20 years. He worked at the Bank of Israel, from 1991 to 1995 as a senior adviser to the governor and the monetary department, and from 1996 to 2000 as head of the research department.
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He also served as director of emerging markets research at Deutsche Bank and has visited the IMF and the World Bank several times as a research fellow. He has been chief economic advisor of Bank Hapoalim since April 2003.
Leiderman’s appointment is subject to the approval of the committee on senior civil service appointments chaired by retired supreme court judge Jacob Turkel and of the cabinet.
Leiderman said: "I thank prime minister Benjamin Netanyahu and finance minister Yair Lapid for their confidence in me. I am excited to return to the Bank of Israel. I will work to help the Israeli economy meet the challenges that it faces."
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