Press releases
31. 1. 2017
  • The CNB

Oldřich Dědek and Marek Mora appointed members of CNB Bank Board

Oldřich Dědek and Marek Mora are to join the Bank Board of the Czech National Bank. They were appointed members of the Bank Board for a six-year term with effect from 13 February 2017 by President of the Czech Republic Miloš Zeman at a ceremony at Prague Castle today.

“I will not hide that I was pleased by both choices. I know both men well. I have great respect for them and consider them to be personalities of very high quality. I am sure they will be of great value to the Czech National Bank thanks to their extensive experience and expertise,” said CNB Governor Jiří Rusnok.

Oldřich Dědek (63) and Marek Mora (45) will replace Pavel Řežábek, whose second term of office will expire on 12 February, and Lubomír Lízal, who will end his six-year term on the CNB Bank Board on the same day.

Besides the newly appointed Oldřich Dědek and Marek Mora, the seven-strong Bank Board includes Governor Jiří Rusnok and Vice-Governors Mojmír Hampl and Vladimír Tomšík. The other two members are Vojtěch Benda and Tomáš Nidetzký. The first regular meeting of the Bank Board in its new line-up will be held on 16 February. The first monetary policy meeting to be attended by the new members will be on 30 March.

CNB Bank Board members are appointed for a term of six years and are not allowed to hold the position more than twice. The selection and appointment of Bank Board members are in the exclusive competence of the President of the Czech Republic.

The CNB sees to price and financial stability and the sound operation of the financial system in the Czech Republic, issues banknotes and coins, manages the circulation of currency and interbank settlements, and supervises entities operating on the financial market.

Marek Zeman
Director, CNB Communications Division

 

CV of Oldřich Dědek:

Oldřich DědekBorn on 26 November 1953 in Chlumec nad Cidlinou. After graduating from the University of Economics in Prague he joined the Economic Institute of the Czechoslovak Academy of Sciences in 1978, where he worked as a researcher until 1992. Then he moved over to the post of Deputy Director of the Institute of Economics at the State Bank of Czechoslovakia. In 1996–1998 he was an adviser to the CNB Governor and the Prime Minister of the Czech Republic. In 1999–2005 he held the post of the CNB Vice-Governor and the associated post of alternating Governor at the World Bank. Since June 2005, he has been lecturing on financial markets, corporate finance and European economic integration at the Institute of Economic Studies at Charles University. He is the head of the Department of Macroeconomics and Econometrics and is responsible for the master’s programme in economics. In March 2007 he was appointed the national coordinator for euro adoption in the Czech Republic. In 2012 he was named professor of economic theory. He extended his education with stays at the London School of Economics, the University of Warwick and the Federal Reserve Bank of Kansas City.

CV of Marek Mora:

Marek MoraBorn on 17 May 1971 in Strakonice. After graduating in international trade from the University of Economics, he worked briefly in the Czech private sector. He then completed his postgraduate studies in economics in Saarbrücken and Hamburg and taught at the University of Leipzig. In 1999 he was awarded the title of “Young Economist of the Year 1998”. In 2003 he joined the Directorate-General for Economic and Financial Affairs of the European Commission and three years later started to work for the Czech public administration. He was Deputy Minister of Education for almost a year and then spent two and a half years at the Government Office – first as a deputy to the Deputy Prime Minister, later as Minister for European Affairs and then briefly as an adviser to Prime Minister Jan Fischer. Since 2010 he has been working at the General Secretariat of the Council of the European Union – initially as the head of the Cabinet of the Secretary-General of the Council and since February 2016 as the head of the Budget, Tax and Regional Policy Directorate.