New division of responsibilities for the Board members

At its meeting today, the CNB Bank Board approved a new division of responsibilities for the Board members with effect from 1 March 2005. According to the CNB Organisational Manual, the Board members are entrusted with overseeing the Bank's core activities as performed by the organisational units of the CNB's headquarters and branches.

Division of responsibilities:

Zdeněk Tůma, Governor

  • General Secretariat
  • Internal Audit and Control Department
  • Crisis Management and Classified Information Protection Department

Luděk Niedermayer, Vice-Governor

  • Information Systems Department
  • Administration Department
  • Communications Department

Miroslav Singer, Vice-Governor

  • Human Resources Department
  • Budget and Accounting Department
  • Economic Research Department

Michaela Erbenová, Chief Executive Director

  • Banking Regulation and Supervision Department

Jan Frait, Chief Executive Director

  • Monetary and Statistics Department

Robert Holman, Chief Executive Director

  • Financial Markets Department
  • Risk Management and Transactions Support Department

Pavel Řežábek, Chief Executive Director

  • Cash and Payment Systems Department
  • CNB branches

The Board also decided to establish a separate Communications Department with effect from 1 March 2005. Until now, this unit has been part of the CNB's General Secretariat. Pavlína Bolfová has been appointed Executive Director of this department. She remains CNB Spokeswoman.