Lebanese cental bank chief Salameh says he will not seek new term

Lebanon's Central Bank Governor Riad Salameh speaks during a news conference at Central Bank in Beirut, Lebanon. (Reuters)

• Lebanese political sources say that there is not yet consensus around a replacement to Salameh

BEIRUT: Lebanon’s veteran central bank chief Riad Salameh said he would not seek a new term in office once his latest six-year stint at the head of the Banque du Liban ends.
“My decision is that, at the end of the term, it will be a page I turned in my life and I will move to work outside the central bank,” Salameh told Saudi Arabia-based Asharq News.
Salameh’s term is set to end in July.
Lebanese political sources say that there is not yet consensus around a replacement to Salameh, who has held his post for three-decades and retains the support of some of Lebanon’s most powerful politicians, including House Speaker Nabih Berri.