Governor Nicholl Welcomes the Appointment of the Fifth Member of the CBBH Governing Board

The Governor of the Central Bank of BH (CBBH) Peter Nicholl welcomed the appointment of Ljubomir Kovačević as the fifth member of the Governing Board of the CBBH. The decision on the appointment of Ljubomir Kovačević was made during the meeting of the BH Presidency, which was held on August 26, 2003, in Sarajevo.

Governor Nicholl was satisfied with the fact that the appointment process was finally complete and added that he is convinced that the new Governing Board will continue with the consistent and successful implementation of the BH monetary policy.

The Governing Board of the CBBH consists of five members who have six-year mandates, with the exception of Governor Nicholl, whose mandate will end on December 31, 2004. Mandate of new Governing Board members commenced on August 11, 2003.

In addition to Peter Nicholl and Ljubomir Kovačević, other members of the CBBH's Governing Board are Kemal Kozarić, Manojlo Ćorić and Mila Gadžić.