Finland's Ministry of Finance published the Government’s proposal that the President of the Republic appoint Dr Olli Rehn as Governor of the Bank of Finland. The proposed appointment would give Rehn a second seven-year term beginning on 12 July. Rehn has served as Governor and Chairman of the Board of the Bank of Finland since 2018, having previously been a member and Vice-Chairman of the Board. The release outlines that the Governor’s responsibilities cover monetary policy preparation, domestic economic policy, external communications, international affairs and internal audit. The proposal follows a recommendation by the Bank of Finland’s Parliamentary Supervisory Council on 14 February. The President of the Republic is scheduled to decide on the appointment on 14 March.