Central Banking

Czech pres officially appoints Tuma bank governor

Czech President Vaclav Havel Wednesday officially appointed Zdenek Tuma as the new governor of the Czech National Bank at a ceremony at the presidential summer palace.

Havel also made board member Ludek Niedermayer the new central bank vice-governor. Michaela Erbenova and Jan Frait were appointed as new board members. Tuma will serve until the end of 2005 and Niedermayer until 2002. Freit and Erbenova have been appointed for the coming six years.

Tuma is expected to take office 1 December, but he

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