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Wharton Professor Amir Yaron appointed to be the bank of Israel head

Prime Minister Benjamin Netanyahu nominated Amir Yaron, a finance professor at the University of Pennsylvania’s Wharton school of business, as the next Bank of Israel governor.

Yaron, 54, will succeed Karnit Flug, whose five-year tenure draws to a close next month amid acrimonious relations with Netanyahu and Finance Minister Moshe Kahlon. The nomination must be vetted by a government committee.


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