Three Candidates for Central Bank Governor

Business,  06 Mar 2013  / By STA

The office of President Borut Pahor has received three candidacies for the post of governor of the central bank, the Banka Slovenije, which will be vacated on 16 July when Marko Kranjec's six-year term ends.

Photo: BS
Photo: BS

Pahor will chose among Banka Slovenije supervisor Boštjan Jazbec, Law Faculty professor Franjo Štiblar and present vice-governor Janez Fabjan.

Jazbec is presently an adviser of the IMF to the governor of the Kosovo central bank. He had also applied six years ago but was not successful.

Štiblar is considered an expert on the banking system. He is known as an opponent of the privatisation of Slovenian banks and a proponent of the idea of having at least one strong home-owned financial group that would serve as the backbone of the economy.

In line with the Banka Slovenije act, the president has 30 days to propose a candidate to succeed Kranjec. MPs then hold a secret vote on the proposal within 30 days. The candidate needs absolute majority support to get appointed.

Pahor will consult deputy groups to check the support of individual candidates before making his selection. His office said the candidate would be formally proposed by 3 April.

The last appointment of the Banka Slovenije governor six years ago did not go smoothly. MPs first rejected two candidates picked by Drnovšek - incumbent Mitja Gaspari and vice-governor Andrej Rant - to eventuality confirm Marko Kranjec.
 

Tags: Slovenia, central bank, Bank of Slovenia, Marko Kranjec, economy, banking sector, Borut Pahor, governor


Share

send

Comments

Concerned Observer, 15.03.2013 ob 09:47

There are too many banks in Slovenia, and they are all performing poorly.
They should seriously consider merging most of them to increase overall profitabiliy and reduce the risk to the banking public.



Your name

Write your comment:
Comments should be in English language only.
Offensive and off-topic comments will be deleted
Powered by sweet Captcha
Submit your comment