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Olli Rehn to head Bank of Finland

The European Union's former top economic official Olli Rehn is expected to be formally appointed governor of the Bank of Finland next month.

Olli Rehn
Olli Rehn Image: Heikki Saukkomaa / Lehtikuva

Parliament's banking affairs council on Friday formally proposed Olli Rehn, currently the bank's deputy governor, to take over the top spot at the central bank from Erkki Liikanen who will complete his second and final seven-year term at the end of June.

The formal appointment to the post by President Sauli Niinistö is expected next month.

56-year-old Rehn has been an MP, an MEP, Minister of Economic Affairs, and he spent a decade at the European Commission. During the euro zone debt crisis he was the EU's economic and monetary affairs commissioner.

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