Former Bank of Israel governor Klein dies

Governor oversaw transition to inflation target and sometimes clashed with government

bank-of-israel4
Bank of Israel
David Vaaknin

David Klein, a former governor of the Bank of Israel (BoI), has died at the age of 86.

Klein served as governor of the central bank between 2000 and 2005, at a time when Israel faced both economic and political crises.

Governor Amir Yaron said the BoI’s staff would “cherish the great contribution” Klein made to the central bank and the Israeli economy.  

Klein jointed the bank in 1987, and went on to serve in numerous positions, heading the departments responsible for monetary policy and

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