Central banks: Stanley Fischer quits two years early
Tuesday 29 January 2013
Stanley Fischer has resigned as the governor of the Bank of Israel, two years ahead of his scheduled departure date.
Mr Fischer – who has in the past been voted the world's leading central banker – is credited with successfully guiding Israel through the credit crisis that engulfed other major economies in the aftermath of the sub-prime housing crash in the US, and the subsequent collapse of Lehman Brothers in 2008.
A former deputy head of the International Monetary Fund and vice chairman of US banking giant Citigroup, Mr Fischer took over as head of Israel's central bank in 2005. No reason was given for his sudden resignation, which will take effect in June.
Mr Fischer has presided over a successful period of economic growth in Israel, and a stabilisation of the country's currency, the shekel.
- 1 President of Argentina adopts Jewish godson to 'stop him turning into a werewolf'
- 2 Downfall of Dustin 'Screech' Diamond, the 'Saved By The Bell' star charged with bar stabbing
- 3 The 'Black Museum': After 150 years, public set to see exhibits from police’s grisly crime museum
- 5 Sir Winston Churchill’s family begged him not to convert to Islam, letter reveals
President of Argentina adopts Jewish godson to 'stop him turning into a werewolf'
Downfall of Dustin 'Screech' Diamond, the 'Saved By The Bell' star charged with bar stabbing
Syrian teenager Usaid Barho reveals how he escaped from Isis using a suicide vest
Sir Winston Churchill’s family begged him not to convert to Islam, letter reveals
UK weather: 'Coldest night of the year' tonight as freezing temperatures plummet to -10C
Millions of Britons struggling to feed themselves and facing malnourishment
British actor Idris Elba cannot star as James Bond because he is black, says shock jock Rush Limbaugh
Ukip member gets into Christmas spirit with Union Flag plea to Santa 'for our country back'
Germany anti-Islam protests: 17,000 march on Dresden against 'Islamification of the West'
Nigel Farage: Ukip leader named 'Briton of the year' by The Times
Douglas Carswell tells Ukip to stop blaming foreigners as youth poll shows Nigel Farage is even less popular than Nick Clegg
iJobs Money & Business
Not specified: Selby Jennings: VP/SVP Credit Quant Top tier investment bank i...
Not specified: Selby Jennings: Quantitative Research | Global Equity | New Yor...
Not specified: Selby Jennings: SVP Model Validation This top tiered investment...
Highly Competitive: Selby Jennings: Our client, a leading European Oil trading...