The committee members did not consider the 2002 State Comptroller report an obstacle to the appointment.
The Turkel Committee today approved Jacob Frenkel as governor of the Bank of Israel, succeeding Stanley Fischer. The committee members did not consider the State Comptroller report about Frenkel (Report 52B, published in April 2002) as an obstacle to his appointment.
The job of the Turkel Committee, officially the Advisory Committee on the Appointment of Senior Public Service Officials, is to "guarantee the criteria for the appointment of senior officials and to review whether any flaw or extraordinary act occurred in the proposed appointments."
Fischer's resignation came into effect on June 30, and Deputy Governor Karnit Flug is acting governor until Frenkel takes up the post in two months. He currently resides in the US.
Published by Globes [online], Israel business news - www.globes-online.com - on July 3, 2013
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