Michel Strawczynski, a voting member of the Bank of Israel's monetary policy committee, plans to step down at the end of 2022 when his five-year term ends, the central bank said on Sunday.
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Bank of Israel Governor Amir Yaron will appoint a committee to find a suitable replacement for Strawczynski, who is returning to academia as an economics professor at Jerusalem's Hebrew University.
"Michel's extensive knowledge of the economy, his special insights as an expert in the field of public policy, his many years of experience, and his impressive ability in leading the research division were an asset to the Bank of Israel, for the decision-making in the monetary committee and the quality of the economic advice to the government," Yaron said in a statement.
