Governors’ terms average just over five years
Central bank chiefs are typically allowed two consecutive terms in office
Central bank governors’ official terms average roughly five years in length, the Governance Benchmarks 2024 finds.
Governors’ terms average 5.5 years across 45 respondent jurisdictions. The figure ranges from eight years to four years. In one jurisdiction, governors get an unlimited number of years in office.
Nearly half (48.8%) of respondents say governors are allowed a maximum of two consecutive terms in office. Some 37.2% say they can stay for unlimited consecutive tenures. Four institutions
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