Former Bank of Israel Governor Klein Dies at Age 86

Posted on 05/30/2021

Born in Tel Aviv in 1935, David Klein has died at the age of 86 on May 26, 2021. Klein is a former Governor of the Bank of Israel. Klein served as central bank governor between January 2000 and January 2005.

Klein earned a BA in general history and economics from the Hebrew University of Jerusalem in 1959. In 1972 he was awarded a PhD in economics from George Washington University. From 1959 to 1966, Klein served in the Budget Department of Israel’s Ministry of Finance, involved with oversight and planning duties as well as with the establishment of the town of Arad. From 1966 to 1972, he served in the fiscal affairs department at the International Monetary Fund (IMF) in the United States. After returning to Israel and working as an economist with the Tevel Institute of Policy Studies, Klein worked for Bank Leumi Le-Israel, serving in positions such as senior economist and head of the strategic planning division. From 1987 to 2000, Klein served with the Bank of Israel as a member of the Management, Head of Monetary and Foreign Exchange Supervision Departments. He was also Bank of Israel Representative on the Board of Directors of the Tel Aviv Stock Exchange.

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