{"id":11188,"date":"2024-05-09T15:01:27","date_gmt":"2024-05-09T12:01:27","guid":{"rendered":"https:\/\/ch.jfdi.cc\/?p=11188"},"modified":"2024-05-09T15:01:27","modified_gmt":"2024-05-09T12:01:27","slug":"cbc-looking-to-improve-its-governance-president-hears","status":"publish","type":"post","link":"https:\/\/ch.jfdi.cc\/?p=11188","title":{"rendered":"CBC looking to improve its governance, president hears"},"content":{"rendered":"<div><img decoding=\"async\" src=\"http:\/\/ch.jfdi.cc\/wp-content\/uploads\/2024\/05\/cbc-looking-to-improve-its-governance-president-hears.jpg\" class=\"ff-og-image-inserted\"><\/div>\n<p>Central Bank of Cyprus (CBC) governor Christodoulos Patsalides this week met with President Nikos Christodoulides, in what was their first meeting since assuming the role, where he briefed him on an impending reorganisation aimed at bolstering the CBC\u2019s governance.<\/p>\n<div class=\"cypru-video-ads\" id=\"cypru-473490659\">\n<div id=\"cypru-425931099\" data-cypru-trackid=\"478051\" data-cypru-trackbid=\"1\" class=\"cypru-target\">\n<div id=\"gpt-ad-6155567590300-0\">\n<\/div>\n<\/div>\n<\/div>\n<p>Following the meeting at the Presidential Palace, Patsalides stated that he informed the president of matters concerning the CBC, including ongoing issues under consideration and the planned reorganisation.<br \/>\n\u201cAs I stated upon assuming my duties, the objective is to enhance the governance of this institution, and I am working towards that end,\u201d he said.<br \/>\nHe noted that this process would be gradual and preceded by a study, drawing on previous work conducted by the IMF and the Central Bank of Germany.<br \/>\n\u201cSubsequently, we will proceed with their implementation,\u201d he said.<br \/>\nAccording to the new governor, \u201ca new form of governance is needed to address the challenges,\u201d which, as he mentioned, are numerous, encompassing geopolitical matters as well as other issues such as climate change and other risks affecting Cyprus and other Eurozone countries.<br \/>\nWhen asked about potential appointees as executive directors of the CBC, he stated that \u201cI have considered possibilities, but no discussions have taken place,\u201d clarifying that the matter was not discussed during his meeting with President Christodoulides.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Central Bank of Cyprus governor Christodoulos Patsalides met with President Nikos Christodoulides to brief him on an impending reorganization aimed at bolstering the CBC&#8217;s governance.<\/p>\n","protected":false},"author":3,"featured_media":11189,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[1902,39,4601,66,2134,3348,1031,5719,693,3,7689,8903,308,576,250,3330,4823,5098,697,2796,1346,3331,193,4843,2405,503,8539,9391],"class_list":["post-11188","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-other","tag-bank","tag-bank-of-cyprus","tag-central-bank","tag-central-bank-of-cyprus","tag-challenges","tag-change","tag-christodoulides","tag-christodoulos-patsalides","tag-climate-change","tag-cyprus","tag-eurozone","tag-follow","tag-geopolitical","tag-germany","tag-google","tag-google-news","tag-governance","tag-governor","tag-imf","tag-issues","tag-meeting","tag-news","tag-nikos-christodoulides","tag-president","tag-president-christodoulides","tag-president-nikos-christodoulides","tag-presidential-palace","tag-reorganisation"],"acf":{"keyphrase":"","keywords":"","sourceimg":"","country-category":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CBC looking to improve its governance, president hears<\/title>\n<meta name=\"description\" content=\"reorganisation. 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