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International Business Times
International Business Times
Business
AFP News

Swiss Central Bank Head Steps Down In Surprise Move

Thomas Jordan
Thomas Jordan joined the bank in 1997 (Credit: AFP)

The head of Switzerland's central bank, Thomas Jordan, will step down in September after 12 years in charge, the bank said in a surprise statement Friday.

"The Bank Council and the Governing Board greatly regret Thomas Jordan's decision, and express their sincere thanks for his many years of outstanding commitment in the interests of a stability-oriented monetary policy," it said.

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