The Governor of the Bank of Israel, the Monetary Committee, the Supervisory Council, the Bank of Israel’s management, employees, and retirees all express their deep condolences to the family and mourn the passing of Professor Stanley Fischer, former Governor of the Bank of Israel, who passed away last night.
Professor Stanley Fischer served as Governor of the Bank of Israel from 2005 to 2013
Prof. Fischer made a major impact on Israel’s economy—both during the 1980s, when he served as the International Monetary Fund’s representative to Israel and played a key role in shaping the 1985 Economic Stabilization Plan, and later during his time as Governor, when he led a responsible economic policy during a challenging period, including the Global Financial Crisis of .2008
Current Bank of Israel Governor, Prof. Amir Yaron, said: “Generations of Bank of Israel employees and I bow our heads today in memory of Prof. Fischer, whose contribution to the Bank of Israel and to advancing Israel’s economy was truly significant. Our deepest sympathies go out to his family. May his memory be a blessing.”