sk sk
  • Information for Public

Joint representation of the Slovak Republic and the Czech Republic in the International Monetary Fund and the World Bank

1 Jul 2009

The Slovak Repubic (SR) and the Czech Republic (CR) will be jointly represented in the International Monetary Fund (IMF) by Mr. Marek Jakoby for a period of 4 years starting from 1 July.

The Slovak and Czech Republics´ joint representation at the IMF and the World Bank is a result of an Agreement signed by the central banks governors and finance ministers of both countries in April this year. The Slovak Government approved the Agreement at the session of the Government on 22 April 2009. The joint representation helps to reduce costs of the IMF.

Marek Jakoby works at the IMF from 2006 as the representative of the Slovak Republic and the advisor to Willy Kiekens, the Executive Director for the Belgium Constituency which includes both the Slovak and the Czech Republics.

The Czech Republic according to the Agreement nominates its candidate to the analogous position in the World Bank which represents both countries.

The term of office of the joint IMF and the World Bank representatives lasts four years and the positions in these institutions will be alternated and shared by both contries on a regular basis.

The official representation of the SR in the Board of Governors of the IMF and the Board of Governors of the World Bank remains unchanged.

The Governor in the IMF representing the Slovak Republic is Ivan Šramko, Governor of the Národná banka Slovenska. His Alternate is František Palko, State Secretary of the Ministry of Finance of the Slovak Republic.

Slovakia´s representative in the World Bank Group in the position of Governor is Ján Počiatek, Minister of Finance of the Slovak Republic. His Alternate is Viliam Ostrozlik, Deputy Governor of the Národná banka Slovenska.

Jana Kováčová
Spokesperson of the NBS

National Bank of Slovakia
Communications Section
Imricha Karvasa 1, 813 25 Bratislava, Slovak Republic
Tel.: +421-2-5787 2168,+421-2-5865 2168, +421-2-5787 2169, 421-2-5865 2169
Internet: http://www.nbs.sk

Reproduction is permitted provided that the source is acknowledged.