President Klaus to nominate Zdenek Tuma for another term as CNB governor

President Vaclav Klaus is expected to nominate Czech National Bank head Zdenek Tuma for another six-year term as bank governor. Citing unnamed sources, the daily Hospodarske Noviny reports that the economist Miroslav Singer of the consultancy PricewaterhouseCoopers and long-time Klaus adviser Robert Holman, a professor at the Prague-based University of Economics, will be named to the central bank's governing board; the former CEO of the Czech consolidation agency, Pavel Rezabek, is also thought to be in the running.