Miroslav Singer appointed to head Czech National Bank

President Klaus has appointed a new governor of the Czech National Bank, current vice-governor Miroslav Singer, who will take office on July 1. The outgoing governor, Zdeněk Tůma, who has held the office since the year 2000, announced his resignation in the spring, saying he wanted to make things easier for his successor. His second term of office was to end in February of 2011. Miroslav Singer has been the vice-governor of the central bank since 2005, and worked as one of the directors of PricewaterhouseCoopers ČR before that.