approved theApproved: appointment of Andrew Abir as Deputy Governor of the Bank of Israel

The Cabinet approved the appointment of Andrew Abir as Deputy Governor of the Bank of Israel at the Cabinet meeting. Bir, who will take up his position today, will replace Dr. Nadine Bodo Trachtenberg, who left office at the end of February last year. As part of his position as Deputy Governor, Abir will continue to serve as a member of the Monetary Committee and the Board of Directors of the Bank of Israel.
For the past 9 years, Abir has served as director of the Bank of Israel's Marketing Division and since 2017 has also served as a member of the monetary committee. Knight holds a BA in Economics and Political Science from Oxford University and an MBA from the Hebrew University. He began working as an economist at the Bank of Israel in 1987, serving as director of the Bank's Forex Transactions Room, and later as Deputy Director of the Markets Division and Head of the Financial Division of the Bank.
Governor of the Bank of Israel Amir Yaron said: "I thank the Prime Minister and Ministers for accepting my recommendation to appoint Andrew Abir as Deputy Governor, and to the members of the Senior Appointments Committee who have reviewed and approved the appointment. I wish Andrew a great success in his role and trust in his success."