The Board of Directors of Banco de Portugal has decided to close the process for external recruitment of the Head of the Economics and Research Department, given that applications did not fully meet all the requirements for the position.

As envisaged, and in line with current practice among Eurosystem central banks, Banco de Portugal has appointed a commission to produce recommendations on the strategic repositioning and mission of the Economics and Research Department, consistent with the Bank’s objectives in this field. 

This Commission will be chaired by Professor Vítor Gaspar, special adviser of Banco de Portugal.

Lisbon, 29 November 2013