On 28 December 1989 the Bank Law of the Republic of Estonia was passed and Otsason was appointed the first President of the Bank of Estonia .
On 15 December 1989 the Estonian government decided to establish the Bank of Estonia ( Eesti Pank ) .
On 28 December 1989 the Bank Law of the Republic of Estonia was passed and Otsason was appointed the first President of the Eesti Pank     .
On 15 December 1989 the Estonian government decided to establish the Bank of Estonia ( Eesti Pank ) .