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Karnit Flug appointed as first woman to head Israel’s central bank

21.10.2013 18:16

Karnit Flug appointed as first woman to head Israel’s central bank

YEREVAN, October 21. / ARKA /. Karnit Flug was appointed Sunday as the first woman to head Israel’s central bank, RBC reported citing Reuters. Flug, 58, was deputy to previous governor Stanley Fischer and has been acting chief of the Bank of Israel since her predecessor stepped down in June after eight years in the job.

Accepting the post, Flug, said in a brief statement the central bank and Israel's economy faced significant challenges.

Flug's appointment followed a meeting between Prime Minister Benjamin Netanyahu and Finance Minister Yair Lapid, who had been unable since Fischer resigned to fill the post.

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