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Governor of the National Bank of Romania

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Governor of The National Bank of Romania
Guvernator al Băncii Naționale a României
File:Sigla BNR.jpg
Logo of the National Bank
since 4 September 1990
NominatorSenate and the Chamber of Deputies
AppointerSenate and the Chamber of Deputies
Inaugural holderIon Câmpineanu
Formation15 July 1880
Websitehttp://www.bnro.ro/

The Governor of the National Bank of Romania (Guvernatorul Băncii Naționale a României) is the head of the National Bank of Romania, being also the president of the Council of Administration of the Bank. He or she is named at the same time as the Council of Administration by the Parliament in a joint session of the Senate and the Chamber of Deputies for a five-year term.

The current Council of Administration was voted (named) on 6 October 2009. The current Governor is Mugur Isărescu, the longest continuous serving Governor, with a one-year interrumpion between December 1999 and December 2000, when he served as Prime Minister. During his premiership the office was held ad interim by Eugen Ghizari.

Council of Administration

The Council of Administration of the National Bank of Romania is composed by 9 members appointed by the Parliament of Romania, for a five-year term.

The current Council of Administration of the National Bank of Romania was appointed by the Decision No. 35/9 October 2009 of the Parliament of Romania:

  • Governor - Mugur Isărescu
  • First-Deputy-Governor - vacant Florin Georgescu is suspended from the council of Administration of the National Bank for as long as he holds the office of Deputy Prime-Minister, Minister of Public Finance[1]
  • Deputy-Governor - Bogdan Olteanu
  • Deputy-Governor - Cristian Popa
  • Member - Marin Dinu
  • Member - Nicolae Dănilă
  • Member - Virgiliu Stoenescu
  • Member - Agnes Nagy
  • Member - Napoleon Pop

List of Governors

# Name Term start Term end Title Signature
1 Ion Câmpineanu 15 July 1880 1 December 1882 Governor of the National Bank of Romania
Guvernator al Băncii Naționale a României
2 Anton Carp 1 December 1882 27 February 1888
(1) Ion Câmpineanu 28 February 1888 15 November 1890
3 Theodor Rosetti 19 November 1890 21 November 1895
(2) Anton Carp 21 November 1895 17 November 1899
4 Mihail C. Șutzu 18 November 1899 31 December 1904
(2) Anton Carp 1 January 1905 12 March 1907
5 Theodor Ștefănescu 12 March 1907 1 November 1909
(2) Anton Carp 1 November 1909 21 January 1914
6 Ioan Bibicescu 21 February 1914 11 December 1916 Deputy-Governor of the National Bank of Romania
Viceguvernator al Băncii Naționale a României
11 December 1916 31 December 1921 Governor of the National Bank of Romania
Guvernator al Băncii Naționale a României
7 Mihail Oromolu 1 January 1922 31 December 1926
8 Dimitrie Burillianu 1 January 1927 9 March 1931
10 Constantin Angelescu 9 March 1931 10 June 1931
11 Mihail Manoilescu 14 July 1931 27 November 1931
(10) Constantin Angelescu 27 November 1931 3 February 1934
12 Grigore Dimitrescu 3 February 1934 26 July 1935
13 Mitiță Constantinescu 23 September 1935 17 September 1940
14 Alexandru Ottulescu 17 September 1940 1 April 1944
(10) Constantin Angelescu 1 April 1944 30 September 1944
15 Ion Lapedatu 30 September 1944 14 March 1945
16 Constantin Tătăranu 14 March 1945 21 May 1946
17 Tiberiu Moșoiu 21 May 1946 8 November 1947
18 Aurel Vijoli 18 November 1947 5 March 1952
19 Anton Moisescu 5 March 1952 23 May 1953 President of the State Bank of the Romanian Peoples' Republic
Președinte al Băncii de Stat a Republicii Populare Române
20 Petre Bălăceanu 23 May 1953 4 February 1956
21 Marin Lupu 4 February 1956 27 March 1957
22 Petre Bălăceanu 27 March 1957 4 November 1957
23 Marin Lupu 4 November 1957 23 January 1959
24 Coloman Maiorescu 23 January 1959 1 April 1963 Delegated President of the State Bank of the Romanian Peoples' Republic
Președinte cu delegație al Băncii de Stat a Republicii Populare Române
25 Vasile Malinschi 1 April 1963 20 September 1977 Governor of the National Bank of the Socialist Republic of Romania
Guvernator al Băncii Naționale a Republicii Socialiste România
26 Vasile Răuță 20 September 1977 16 March 1984
27 Florea Dumitrescu 16 March 1984 17 March 1989
28 Decebal Urdea 31 March 1989 4 September 1990
29 Mugur Constantin Isărescu 4 September 1990 22 December 1999 Governor of the National Bank of Romania
Guvernator al Băncii Naționale a României
Eugen Iota Ghizari (interim) 22 December 1999 28 December 2000
(29) Mugur Constantin Isărescu 28 December 2000

References