Stournaras Named as New Governor of Greece’s Central Bank
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Yannis Stournaras, Greece’s former finance minister, will become the next governor of the Bank of Greece, replacing George Provopoulos who presided over the stability of country’s financial system during its debt crisis.
The central bank’s board unanimously approved proposing Stournaras for the role to Greece’s cabinet, which must rubber stamp the appointment, according to an e-mailed statement from the Athens-based institution today. Stournaras will assume the role after Provopoulos’s term ends on June 19, according to the statement.