Naming new SNB head may take a few months: finance minister

Wed Jan 11, 2012 8:34am EST
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ZURICH (Reuters) - Naming a new third member to the Swiss National Bank's board and appointing a new permanent chairman could take until April or May, Switzerland's finance minister said on Wednesday.

SNB Chairman Philipp Hildebrand resigned with immediate effect on Monday after a scandal over a currency trade made by his wife and his deputy Thomas Jordan was appointed as intermin chairman.

"Maybe April or May," Eveline Widmer-Schlumpf said at the government's weekly news conference.

"I think it's right that you have all three and then you can make the choice as a whole," she also said.

The SNB's bank council will make a recommendation to the government, which then makes the appointment.