Dr. Nadine Baudot-Trajtenberg to begin term as Deputy Governor of the Bank of Israel on March 2

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The Government today, in the weekly Cabinet meeting, approved the appointment of Dr. Nadine Baudot-Trajtenberg as Deputy Governor of the Bank of Israel. Dr. Baudot-Trajtenberg will begin her term on March 2, after stepping down from all her business sector roles. In her position as Deputy Governor she will also serve as a member of the Bank of Israel’s Monetary Committee and Supervisory Council.

Governor of the Bank of Israel Dr. Karnit Flug said, “I would like to thank Dr. Nadine Baudot-Trajtenberg for agreeing to take on the role of Deputy Governor. The Bank of Israel and the Israeli economy face numerous challenges in the years ahead, and I am confident that Nadine’s experience and talents will help us in dealing with them. I thank the Prime Minister and the cabinet ministers for accepting my recommendation to appoint her, and the members of the Advisory Committee on Senior Public Service Appointments who examined the eligibility of the appointment and approved it. I wish Nadine much success in her role, and on behalf of the Bank of Israel’s management and employees I welcome her.”

Dr. Nadine Baudot-Trajtenberg said, “I warmly thank the Governor of the Bank of Israel for recommending my appointment, as Deputy Governor of the Bank of Israel, to the Government, and the Prime Minister and the Government for granting me their trust and accepting the Governor’s recommendation. I am happy to accept this role, with full knowledge of its immense responsibility and the magnitude of the task. I am especially happy that I will be serving as Deputy to Dr. Karnit Flug, and for the opportunity to contribute to the Bank of Israel and its success under her leadership. I am committed to working to the best of my ability to justify the confidence placed in me, to meet the challenge and to contribute to the progress of Israel’s economy and society, for the good of all citizens.”