The Central Bank of Estonia’s Supervisory Board confirmed Martti Randveer as Deputy Governor, appointing the current head of the Economics and Research Department to a five-year term starting 7 June. The change coincides with a leadership transition in which current Deputy Governor Ülo Kaasik will become Governor when Madis Müller’s term ends on 6 June. From 7 June, the Executive Board will comprise Governor Ülo Kaasik alongside Deputy Governors Martti Randveer and Andrus Alber, who took up the deputy role in January and remains a member of the Executive Board. The Governor serves a seven-year term, while Deputy Governors serve five-year terms. Randveer has worked at the central bank since 1996, has led the Economics and Research Department since July 2011, and has been a member of the Estonian Fiscal Council since 2014.
Central Bank of Estonia 2026-03-25
Central Bank of Estonia confirms Martti Randveer as Deputy Governor as Ülo Kaasik set to become Governor
The Central Bank of Estonia's Supervisory Board appointed Martti Randveer as Deputy Governor for a five-year term starting 7 June, coinciding with Ülo Kaasik's transition to Governor. The Executive Board will include Governor Kaasik and Deputy Governors Randveer and Andrus Alber. Randveer, with the central bank since 1996, has led the Economics and Research Department since 2011.