Montenegro Approves Radovic to Lead Central Bank in Overhaul

  • Irena Radovic is first woman to run the nation’s central bank
  • Her appointment was proposed in November by new president

The headquarters of the Central Bank of Montenegro.

Photographer: Oliver Bunic/Bloomberg

Lock
This article is for subscribers only.

Parliament late Friday approved the appointment of economist and former diplomat Irena Radovic as the new governor of the Central Bank of Montenegro.

A former head of the Balkan country’s Investment-Development Fund, Radovic becomes the first woman to lead the bank regulator and monetary authority. She was backed by 58 lawmakers in Montenegro’s 81-seat assembly in Friday’s vote.