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PRESS RELEASE 26 January 2009

The Riigikogu received a proposal regarding membership of the new Supervisory Board of Eesti Pank

Today, 26 January, Chairman of the Supervisory Board of Eesti Pank JAAN MÄNNIK submitted to the Riigikogu his proposal regarding the appointment to office of candidates for the Supervisory Board of Eesti Pank.

Chairman of the Supervisory Board of the central bank made a proposal to appoint the following persons as members of the Supervisory Board of Eesti Pank: member of the Riigikogu Kalev Kallo, professor in the Faculty of Law at the University of Tartu Irene Kull, member of the Riigikogu Jürgen Ligi, professor in the Tallinn School of Economics and Business Administration at Tallinn University of Technology Enn Listra, public figure and economist Tõnis Palts, public figure and economist Liina Tõnisson and professor in the Faculty of Economics and Business administration at the University of Tartu Urmas Varblane.

"The new composition of the Supervisory Board consists of experienced politicians. The candidates were selected in cooperation with the major fractions of the Riigikogu. In addition, member candidates include economic and law experts from the University of Tartu and the Tallinn University of Technology. A quarter of the candidates are female," Jaan Männik commented on the choice of the candidates.

The candidates have either passed security check or already have access to state secrets by virtue of office.

The authority of the current Supervisory Board of Eesti Pank will terminate on 17 February 2009.

Further information:
Livia Kulm
Public Relations Office
Tel: +372 668 0745, +372 529 1449
E-mail: livia.kulm@epbe.ee