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Romania's parl reappoints c-bank governor

Romania's parl reappoints c-bank governor Mugur Isarescu, BNR governor Author (BNR) License: all rights reserved.

BUCHAREST (Romania), July 3 (SeeNews) - Romania's parliament on Wednesday backed a proposal to appoint central bank governor Mugur Isarescu for another term in office.

300 MPs voted in favour of Isarescu reappointment, while 15 opposed it, data posted on the lower chamber website showed.

This will be Isarescu's seventh mandate as central bank governor.

On Tuesday, Romania's parliamentary budget committees unanimously approved a proposal to apppoint Iarescu for a new five-year term as central bank governor.

Also, the committees unanimously voted in favour of appointing as members of the BNR board of directors Florin Georgescu, Leonardo Badea, Eugen Nicolaescu, Balint Csaba, Gheorghe Gherghina, Cristian Popa, Dan Radu Rusanu and Virgiliu Jorj Stoenescu.

The five-year mandate of the nine-member central bank board is ending in October, whereas Isarescu's mandate ended in May.

Isarescu, who is 69 years old, has been serving as central bank governor since 1990.