Central bank governor Mugur Isarescu had a net income of RON1 million in 2016, the equivalent of around RON84,385 a month (EUR18,700/month), 12% lower than the previous year, according to his wealth statement.

Compared with a decade ago, the central bank’s governor’s salary income tripled.

Besides his salary from the central bank, Isarescu earned RON34,000 last year in his capacity as member of the Romanian Academy.

The average net salary at the central bank in 2016 was RON6,800 (EUR1,500) per month.

In total, the nine members of the central bank board were paid around RON4.6 million (EUR1 million) last year. The second best paid executive at the central bank is first deputy-governor Florin Georgescu, who earned a net monthly salary of EUR15,700 last year.