November 29 (SeeNews) - Moldova’s parliament said it has appointed finance minister Octavian Armasu as the new governor of the country's central bank, BNM, for a seven-year term.
A total 54 of all 101 MPs backed Armasu's appointment in a vote on Thursday, data on parliament's website showed.
Armasu, 49, will leave his position as finance minister to replace Sergiu Cioclea as central bank governor. Cioclea resigned on November 20 for personal reasons.
Cioclea became central bank governor in 2016, replacing Dorin Dragutanu, who resigned after about $1 billion (880 million euro) went missing from three local banks - Banca de Economii, Banca Sociala and Unibank. The banks were subsequently liquidated.
($= 0.8808 euro)