Central banks differ over board term limits
Nearly half of responding central banks impose no term limits on board members
Central banks boards face a range of different limits on the number of terms board members can serve, data from the Governance Benchmarks 2023 shows.
All participating central banks said board members are allowed to serve more than one term. Some 46% of respondents have unlimited terms for board members. Another 40% allow two terms of service, 11% give directors three terms and 3% accept four terms.
A total of 35 institutions provided responses on how many terms board members can serve.
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