To understand what governor is needed at the National Bank of Moldova, we must ascertain the realities and current and future economic and financial constraints. The assessment criteria should be based on three principles: professionalism in the banking sector; independence and professionalism in the monetary sector, and irreproachable integrity, considers the executive director of the Independent Analytical Center “Expert-Grup” Adrian Lupusor.
In a commentary quoted by IPN, the expert says that the relevant criteria for assessing professionalism in the banking sector include positive practical experience in bank supervision, possibly abroad; clear understanding of the shortcomings existing in the banking sector; a strategy for remedying the situation in the banking sector, and bank management experience, with the restriction that the candidate shouldn’t have formed part of the administration of a bank during at least one year of the submission of the application so as to avoid a possible conflict of interests. Also, if the candidate held a managerial post at a bank, this bank shouldn’t have witnessed negative developments during the term in office of the candidate.
The expert considers the person who runs for the presidency of the National Bank must be independent from political viewpoint, shouldn’t have held a managerial post in the executive or legislature during at least a year of the submission of the application, shouldn’t be a party member, should have a sensible view on the independence of the monetary and currency policy and a clear view on the macroeconomic situation and perspectives.
The relevant criteria for assessing the integrity is acceptance to declare all the incomes earned during the last three years and the property owned when submitting the application, lack of a definitive court sentence and absence of conflicts of interests (based on political, economic and relation criteria).
