New Prussian Imperial Bank Board of Governors

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New Prussian Imperial Bank Board of Governors
HeadquartersLowden, New Bavaria
Established20 February 2023
ChairmanAugust W. Harms
CurrencyNew Prussian Mark

The Board of Governors is the governing body of the New Prussian Imperial Bank.

History

An Act of the New Prussian Imperial Parliament made the New Prussian Imperial Bank a direct government agency and made the Board of Governors the new governing body of the New Prussian Imperial Bank, replacing the General Banker of New Prussia.

Governors

The Board is currently restricted to only 5 Governors. A Governor is chosen from one of the five states of New Prussia: New Bavaria, New Saxony, New Hanover, New Oldenburg, and Southwest Clinton. The Board is headed by the Chair and the Vice Chair. The Chancellor may appoint a Governor, with advice from the Minister of the Treasury and the Imperial Parliament, and approval from the Emperor. A President & CEO of a District Bank may be promoted to a Governor.

Chair

The Chair of the Board is nominated by the Board, the Chair nominee shall choose their Vice Chair, once the vetting process is complete, the nominees are then approved by the Chancellor and the Emperor.

Current Board of Governors
Picture Governor Became Governor Position in the Board State of Origin
N/A August W. Harms 1 March 2023 Chairman New Bavaria
N/A N/A N/A N/A New Saxony
N/A N/A N/A N/A New Hanover
N/A N/A N/A N/A New Oldenburg
N/A N/A N/A N/A Southwest Clinton

Purpose

The Purpose of the Board is to oversee the District Banks and help implement monetary policy in the Empire of New Prussia.

See also