Government proposes second term for Olli Rehn as Bank of Finland Governor

The Government proposes that the President of the Republic appoint Dr Olli Rehn as Governor of the Bank of Finland. Dr Rehn’s second seven-year term would begin on 12 July.

Dr Rehn has been Governor and Chairman of the Board of the Bank of Finland since 2018. Prior to this, he served as a member and Vice-Charman of the Board. He has previously served as Minister of Economic Affairs, Member of Parliament and Vice-President of the European Commission.

The responsibilities of the Governor of the Bank of Finland cover monetary policy preparation, domestic economic policy, external communications, international affairs and internal audit.

On 14 February, the Parliamentary Supervisory Council of the Bank of Finland proposed that Olli Rehn be appointed Governor. The Government proposed Rehn’s appointed on Thursday 13 March, and the President of the Republic will decide on the appointment on Friday 14 March.

Inquiries:
Pauli Kariniemi, Director General, tel. +358 295 530 210, pauli.kariniemi(at)gov.fi