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After 3 names selected by the Parliament and 2 by the Prime Minister's Office, the competition for the last vacancy has opened today...
The Prime Minister's Office has reopened the application procedure for the selection of a member of the Supervisory Council of the Bank of Albania, at a time when the institution has been operating without a quorum for almost two months.
According to the official announcement, interested persons must have higher economic or legal education, professional experience in financial and banking matters, as well as over five years of work experience in public administration or financial institutions. The deadline for submitting applications is March 11, 2026.
In December 2025, the seven-year mandates of the six members of the Supervisory Council, elected at the end of 2018, ended. Luljeta Minxhozi, Artan Hoxha and Violeta Staka were candidates proposed by the Albanian Parliament, while Edlira Luçi, Ridvan Bode and Suela Popa were candidates proposed by the Council of Ministers. Consequently, the Prime Minister's Office and the Parliament also initiated procedures for the selection and nomination of new members.
The majority in the Assembly has decided to support the former President of the Constitutional Court, Holta Zaçaj, and the lecturers Matilda Shehu and Selami Xhepa. Meanwhile, a few days ago the government filed only two candidacies, Ervin Mete and Jonida Prifti, without giving public explanations for the lack of a third name. This raised suspicions that Rama was bargaining with Sali Berisha for the mandate of Ridvan Bode. But with today's announcement, always if it is fulfilled, it seems that the bargaining has broken down and Bode will have to leave.
The lack of members has brought about the de facto paralysis of the Supervisory Council. The two meetings scheduled in January and February failed due to lack of quorum. The February meeting was expected to approve the Monetary Policy Report for the first quarter of the year and to make a decision on the key interest rates.
The Law "On the Bank of Albania" requires that meetings be held with the presence of more than half of the appointed members, including the chairman or deputy chairman.
The process of renewing the Board has been accompanied by criticism for delays and lack of transparency. Meanwhile, the European Union Ambassador to Tirana, Silvio Gonzato, during a meeting in the Assembly, stressed the importance of a transparent and merit-based selection process for vacant positions in the Supervisory Board, calling this essential for maintaining the Bank's independence and public trust. /Pamphlet
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