The Supervisory Board of the Central Bank of Estonia has nominated Andrus Alber, Ülo Kaasik, Kilvar Kessler and Margus Rink as candidates for the position of Governor of Eesti Pank, a role that includes membership of the European Central Bank’s Governing Council. Interviews with the candidates are scheduled for 21 October, with the final selection planned for 28 October to allow time for reflection between meetings. With 11 members on the Supervisory Board, the successful candidate must secure at least six votes. The current Governor, Madis Müller, serves until 6 June 2026; once the board selects a candidate, the appointment is subject to confirmation by the President of the Republic of Estonia, with the governor’s term set by law at seven years and limited to a single consecutive term.
Central Bank of Estonia 2025-09-24
Central Bank of Estonia Supervisory Board nominates four candidates for Governor
The Supervisory Board of the Central Bank of Estonia has nominated Andrus Alber, Ülo Kaasik, Kilvar Kessler, and Margus Rink as candidates for Governor of Eesti Pank, a role that includes membership in the European Central Bank’s Governing Council. The final selection requires at least six votes from the 11-member board and confirmation by the President of Estonia. The governor's term is seven years, limited to a single consecutive term.