Leiderman picked to be Israel central bank chief

JERUSALEM (AP) — Israel’s prime minister has appointed economist Professor Leonardo Leiderman as central bank chief following the withdrawal of the former candidate.

A statement from the Prime Minister Benjamin Netanyahu’s office Wednesday says the appointment still has to pass a committee and a cabinet vote.

The Argentinian-born Leiderman has been a faculty member at Tel Aviv University for the past 20 years and is also a macroeconomic adviser to Israeli Bank Hapoalim. He has a doctorate in macroeconomics from the University of Chicago and has written seven books.

Leiderman’s appointment comes after Netanyahu’s previous choice for central bank chief, Jacob Frenkel, had to withdraw his nomination over an old shoplifting case. Frenkel was never charged or detained over the allegation stemming from an incident at a Hong Kong airport seven years ago.

WKBN 27 First News provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language or racial slurs, will be banned. No links will be permitted. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s