Government Reappoints Dvoracek as NBS Bank Board Member

Bratislava, April 2 (TASR) - Vladimir Dvoracek will continue to be a member of the Bank Board of Slovakia's central bank (NBS) after the government reappointed him to the post in line with NBS governor Peter Kazimir's proposal on Wednesday. Dvoracek's previous term in office was due to expire on April 3. In line with the law, the NBS Bank Board should have six members, i.e. a governor, two vice-governors and three other members. However, it has only three members appointed at the moment. In his proposal, the NBS governor stressed the need to ensure that all functions and tasks of the central bank stemming from the law are carried out, which is why it is necessary to fully staff the board. Dvoracek has been working for NBS for a long time. He served as executive director of its financial market supervision section between July 2010 and March 2020. He's been holding the post of executive director of the NBS supervision and financial stability section since March 2020. He's been an NBS Bank Board member since April 2014. He's been representing NBS on the Supervisory Board of the European Central Bank (ECB) and on the European Systemic Risk Board (ESRB). In the past, he also held managerial posts at the Finance Ministry and at the Financial Market Authority. ko/df