In view of the development of the coronavirus event and its ramifications, and the Bank of Israel’s shift to working in an emergency format, Governor of the Bank of Israel Prof. Amir Yaron has decided, in coordination with Supervisor of Banks Dr. Hedva Ber and incoming Supervisor Yair Avidan, that Dr. Ber will defer the termination date of her position to May 17, 2020, when Yair Avidan will take on the position, after an overlap period of several weeks. The deferral will allow both continuous dealing with the crisis as well as a professional and appropriate transfer of responsibility, given the existing reality.


Governor of the Bank of Israel Prof. Amir Yaron said, “We are in a particularly unique period, and it is important to maintain administrative and operational continuity by the Bank of Israel and the Banking Supervision Department. I thank Hedva and Yair for their willingness to carry out the adjustments required to do so.”​