of Russia. It was created in 1991 and drives its name from the Finnish name of the department from which it originated, namely BOF for Bank of Finland and IT for or research in bilateral [Finnish-Russian] trade. The full name has changed over the years, until 2021 as "Bank of Finland Institute for Economies in Transition" and since November 2021 as "Bank of Finland Institute for Emerging Economies". Since 2009, BOFIT has been led by , who joined it in 1995. Governors of the Bank of Finland Claes Johan Sacklén 1812–1816 Carl Johan Idman 1817–1820 Otto Herman Lode 1820–1827 Johan Gustaf Winter 1827–1841 Carl Wilhelm Trapp 1841–1853 Axel Ludvig Born 1853–1856 Alex Federley 1853–1854 Robert Trapp 1854–1856 Frans Ivar Edelheim 1856–1858 Wilhelm Blidberg 1858–1861 Carl Isak Björkman 1862–1866 Victor von Haartman 1866–1870 August Florin 1870–1875 Gustaf Samuel von Troil 1875–1884 Alfred Charpentier 1884–1897 Theodor Wegelius 1898–1906 Clas Herman von Collan 1907–1918 Otto Stenroth 1918–1923 August Ramsay 1923–1924 Risto Ryti 1923–1940 Johan Wilhelm Rangell 1943–1944 Risto Ryti 1944–1945 Sakari Tuomioja 1945–1955 Rainer von Fieandt 1955–1957 Klaus Waris 1957–1967 Mauno Koivisto 1968–1982 Ahti Karjalainen 1982–1983 Rolf Kullberg 1983–1992 Sirkka Hämäläinen 1992–1998 Matti Vanhala 1998–2004 (retired early due to illness) Erkki Liikanen 2004–2018 Olli Rehn 2018– Source: Chairmen of the Parliamentary Supervisory Council Antti Lindtman (2019–present) Matti Vanhanen (2015–2019) Ben Zyskowicz (2011–2015) Timo Kalli (2008–2011) Seppo Kääriäinen (2007–2008) Mari Kiviniemi (2006–2007) Olavi Ala-Nissilä (2003–2006) Mauri Pekkarinen (2003) Ilkka Kanerva (1995–2003) Sauli Niinistö (1995) Pentti Mäki-Hakola (1991–1995) Erkki Pystynen (1990–1991) Mauri Miettinen (1987–1990) Matti Jaatinen (1979–1987) Harri Holkeri (1971–1979) Juha Rihtniemi (−1971) Veikko Kokkola Juho Niukkanen Erik von Frenckell See also Economy of Finland Finnish Financial Supervisory Authority Finnish mark References External links Bank of Finland official site Postage stamp commemorating the 150th anniversary of the Bank of Finland 1811–1961 All the Finnish BIC-codes and an IBAN counter for all Finnish banks Banks of Finland Suomen Finland Banks established in 1812 1812 establishments in Finland Kruununhaka