Bank of Israel Governor Stanley Fischer said on Saturday his candidacy for the head of the IMF has been submitted.

Israel's Channel 2 TV had earlier reported that Fischer's name was in the final list of candidates for the job vacated by Frenchman Dominique Strauss-Kahn, who resigned after his arrest on May 14 on charges of attempting to rape a New York hotel maid.

There arose an extraordinary and unplanned opportunity, perhaps one that will never happen again, to compete for the head of the IMF, which after much deliberation I decided I wish to follow through on. This, even though it is a complicated process and despite the possible barriers, Fischer said in a statement.

(Reporting by Steven Scheer and Tova Cohen)