Latvian parliament approves Kazaks as next central bank governor
Economist takes charge as government pursues reforms after money-laundering allegations
Latvia’s parliament confirmed Mārtiņš Kazāks as the next governor of the country’s central bank today (December 12), local media reported, as his predecessor prepares to face trial on corruption charges.
Kazāks has been a member of the Bank of Latvia’s five-member council since August 2018. Before then, he worked in both the private sector and in academia. He was the deputy chief economist for the Swedish-based lender Swedbank from 2010 until taking up the central bank role, and the chief
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