Leo Leiderman Withdraws From Bank of Israel Race

Second Candidate To Pull Out in Week

haaretz

By Reuters

Published August 02, 2013.
  • Print
  • Share Share

In a major embarrassment for Israel, Leo Leiderman announced on Friday he was withdrawing his candidacy to become the next governor of the Bank of Israel, the second nominee to pull out within less than a week.

Leiderman, chief economist at Bank Hapoalim, told Prime Minister Benjamin Netanyahu that he did not want the glare of publicity that came with the high-profile position as head of the central bank.

“After holding intensive discussions with his family over the past two days, he has decided that he would prefer to continue to work as a private person at Tel Aviv University and at Bank Hapoalim,” said a statement released on his behalf.

Netanyahu only put forward his name on Wednesday after the previous nominee for the vacant position, Jacob Frenkel, dropped out after media reports of a suspected shoplifting incident in 2006, which he denied and over which no charges were ever filed.

The prime minister has had months to find a replacement for the highly regarded Stanley Fischer, who announced in January that he would step down at the end of June after eight years on the job.

The previous frontrunner for the position, Deputy Bank of Israel Governor and acting central bank chief Karnit Flug, said on Wednesday that she would step down in about a month after being passed over for the top job.


The Jewish Daily Forward welcomes reader comments in order to promote thoughtful discussion on issues of importance to the Jewish community. In the interest of maintaining a civil forum, The Jewish Daily Forwardrequires that all commenters be appropriately respectful toward our writers, other commenters and the subjects of the articles. Vigorous debate and reasoned critique are welcome; name-calling and personal invective are not. While we generally do not seek to edit or actively moderate comments, our spam filter prevents most links and certain key words from being posted and The Jewish Daily Forward reserves the right to remove comments for any reason.





Find us on Facebook!
  • “I don’t want to say, ‘Oh oh, I’m not Jewish,’ because when you say that, you sound like someone trying to get into a 1950s country club, “and I love the idea of being Jewish." Are you a fan of Seth Meyers?
  • "If you want my advice: more Palestinians, more checkpoints, just more reality." What do you think?
  • Happy birthday Barbra Streisand! Our favorite Funny Girl turns 72 today.
  • Clueless parenting advice from the star of "Clueless."
  • Why won't the city give an answer?
  • BREAKING NEWS: Israel has officially suspended peace talks with the Palestinians.
  • Can you guess what the most boring job in the army is?
  • What the foolish rabbi of Chelm teaches us about Israel and the Palestinian unity deal:
  • Mazel tov to Idina Menzel on making Variety "Power of Women" cover! http://jd.fo/f3Mms
  • "How much should I expect him and/or ask him to participate? Is it enough to have one parent reciting the prayers and observing the holidays?" What do you think?
  • New York and Montreal have been at odds for far too long. Stop the bagel wars, sign our bagel peace treaty!
  • Really, can you blame them?
  • “How I Stopped Hating Women of the Wall and Started Talking to My Mother.” Will you see it?
  • Taglit-Birthright Israel is redefining who they consider "Jewish" after a 17% drop in registration from 2011-2013. Is the "propaganda tag" keeping young people away?
  • Happy birthday William Shakespeare! Turns out, the Bard knew quite a bit about Jews.
  • from-cache

Would you like to receive updates about new stories?




















We will not share your e-mail address or other personal information.

Already subscribed? Manage your subscription.