Dr. Meir Sokoler and Prof. Avia Spivak - Bank of Israel Governor Stanley Fischer's two senior deputies - will leave their positions at the central bank before the end of the month, the Bank said Sunday, adding that replacements would be appointed by the government in due course.
Sokoler began his career at the central bank in 1976, and was appointed deputy governor in 2002. He served as acting governor for the first five months of 2005, bridging the gap between the terms of David Klein and Stanley Fischer.
Spivak came to the Bank of Israel in 2002. He oversaw accounting at the institution, and established its financial stability division and currency department, helping bring Israel closer to international norms.