Published by Global Banking & Finance Review®
Posted on April 15, 2026
2 min readLast updated: April 16, 2026
Add as preferred source on GoogleGreece has formally proposed renewing the term of Yannis Stournaras as Governor of the Bank of Greece. If approved, he would become the first Greek central banker to serve three consecutive terms, reflecting his steady leadership since 2014.
ATHENS, April 15 (Reuters) - Greece on Wednesday proposed renewing the term of central bank Governor Yannis Stournaras, extending his 12 years in the role, a government spokesman said in a statement.
Stournaras would be the first Greek central banker to serve three consecutive terms.
The 70-year-old, who also represents Greece on the Governing Council of the European Central Bank, has held the post since 2014. His six-year term is due to expire later this year after it was renewed in 2020.
"The proposal of the Prime Minister and the government for my third consecutive term constitutes the greatest honor for me," Stournaras said in a press release.
Stournaras, a well-respected economist, spearheaded Greece's return to economic stability as finance minister from 2012 to 2014 after the country nearly crashed out of the euro zone. A professor of economics at the University of Athens, he has been a member of the ECB's audit committee since September 2018.
The general council of the central bank will convene in the coming days to submit its proposal to the government's cabinet, a typical procedure to approve the prime minister's proposal.
His reappointment by the centre-right government of Prime Minister Kyriakos Mitsotakis had been widely expected.
(Reporting by Angeliki Koutantou and Lefteris Papadimas; Editing by Sharon Singleton, Thomas Derpinghaus and Keith Weir)
Yannis Stournaras is the Governor of the Bank of Greece and a representative on the European Central Bank Governing Council.
Stournaras has served as Greece's central bank governor since 2014 and his term was previously renewed in 2020.
If reappointed, Stournaras would be the first Greek central banker to serve three consecutive terms, reflecting ongoing confidence in his leadership.
Stournaras was Greece's finance minister during the 2012-2014 debt crisis and has been a member of the ECB's audit committee since 2018.
His current six-year term as governor is due to expire later this year, after being renewed in 2020.
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