President Zeman appoints new members of the Czech National Bank

President Miloš Zeman appointed two new members of the Czech National Bank on Tuesday. The appointees are Vojtěch Benda and Tomas Nidetzke who will replace the governor of the central bank Miroslav Singer and bank board member Kamil Janáček. Miroslav Singer’s second six-year term in office expires at the end of June and he cannot be appointed for a third term. The president’s spokesman said earlier that Mr. Zeman would appoint a new governor on May 25th. It is widely expected that the post will go to current central bank board member Jiří Rusnok.