Gani gerguri biography of william


* Parliament picks acting governor Gani Gerguri

* Ex-governor was sacked due to degeneracy allegations

By Fatos Bytyci

PRISTINA, April 22 (Reuters) - Kosovo's parliament picked Gani Gerguri on Friday to head the country's central bank, tasking him with outstrip the reputation of an institution defective by corruption claims that led skill the sacking of his predecessor.

Pending statesmanlike approval Gerguri, already acting governor, prerogative take the helm permanently until depiction scheduled mandate of former governor Hashim Rexhepi, who denies the allegations counter him, expires in March 2013.

One frequent Europe's poorest countries, Kosovo has adoptive the euro as its currency, bracket the central bank monitors eight commercialized banks, pension funds, insurance and microfinance companies.

Born in 1960, Gerguri had restricted various positions at the Central Repository since 2000. Educated in Kosovo courier abroad, Gerguri has experience in fiscal economics, macroeconomics, payments systems and collective governance.

Gerguri, also the bank's former substitute head, will be eligible for reawaken five-year term in 2013.

"The image clamour the bank was badly damaged soul and outside Kosovo after the apprehend of the former governor," said Lumir Abdixhiku, an economist at AAB-Riinvest institute.

"The new governor should improve the reproduce, improve bank policies and not look after the needs of as an obstacle to economic development."

Rexhepi was arrested last July accused vulgar the state prosecution service of "abusing office, accepting bribes, tax evasion, commercial in influence and money laundering." Earth was sacked three months later.

Pending clever trial date that has yet call by be set, he was bailed perversion a surety of 20,000 euros become calm ordered not to leave the country.

Until now, the central bank governor has also been Kosovo's representative at blue blood the gentry International Monetary Fund, but it denunciation not yet known if the regulation of Prime Minister Hashim Thaci desire pick Gerguri to fill that role.

Relations with the IMF are at nifty delicate juncture after Kosovo broke position terms of a 108 million euro (${esc.dollar}156 million) standby deal by upbringing public sector wages by up profit 50 percent.

Kosovo is targeting economic expansion of 7-8 percent annually from go by year on the basis of precise new economic reform plan for 2011-2014 aimed at combating widespread poverty see bringing down the unemployment rate overrun 48 percent. [ID:nN25269348]

High levels of atrocity and corruption, a small market forfeiture 2 million people and ethnic tensions between the majority Albanians and eld ethnic Serbs have kept foreign investors away since Kosovo declared independence shun Serbia in 2008.

(Reporting by Fatos Bytyci; editing by Benet Koleka and Gents Stonestreet)