The Monetary Committee
The Monetary Committee was established under the Bank of Israel Law, 5770-2010. The Monetary Committee has six members: The Governor, who serves as chairperson of the Committee, the Deputy Governor, and an additional Bank employee who is appointed by the Governor. The other three members of the Committee are representatives of the public.
The Monetary Committee’s functions are:
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To set policy, including monetary policy, in order to achieve the Bank’s objectives
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To monitor the execution of the set policy
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To decide on actions, pursuant to the Bank of Israel Law, that the Bank must take in order to achieve the Bank’s objectives.
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Any other function assigned to it by the Bank of Israel Law
Members of the Monetary Committee
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Prof. Amir Yaron
Governor -
Mr. Andrew Abir
Deputy Governor -
Dr. Adi Brender
Director of the Research Department -
Prof. Zvi Hercowitz
Member of the Monetary Committe -
Prof. Naomi Feldman
Member of the Monetary Committe
