Karnit Flug
| Karnit Flug | |
|---|---|
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| Born |
Christina Flug January 9, 1955 Poland |
| Education |
Hebrew University Secondary School Hebrew University of Jerusalem Columbia University |
| Occupation | Economist |
| Signature | |
_Signature_in_English_2014.png) |
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Karnit Flug (Hebrew: קרנית פלוג; born January 9, 1955) is a Polish-born Israeli economist. She holds the position of Governor of the Central Bank of Israel since November 2013. She is the first female Governor of the Bank of Israel.
Karnit Flug was born in 1955 in Poland. She immigrated to Israel with her parents at the age of three. Her mother worked in Israel as a pediatrician.
She obtained her MA in Economics at Hebrew University of Jerusalem in 1980, and received a Ph.D in Economics at Columbia University in New York City in 1985, with thesis titled "Government policies in a general equilibrium model of international trade and human capital".
She is fluent in Hebrew and Polish and also speaks English and Spanish.
Flug joined the Bank of Israel in 1988 and worked for a few years in the bank's research department. From 1994 to 1996, she worked at the Inter-American Development Bank as a research economist, and returned to the Bank of Israel in 1997. She was appointed deputy governor of the bank in 2011, and served as acting governor since July 2013, following Stanley Fischer's resignation. On October 20, 2013, it was decided to appoint her next governor of the bank, and in November 13, 2013, she was officially assumed office.
Flug is married (second marriage) to Saul Lach, professor at the department of Economics at Hebrew University, and has two children. They live in Jerusalem.
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