Egypt extends term of central bank governor for a third year

A general view of the new headquarters of Central Bank of Egypt, at the New Administrative Capital (NAC) east of Cairo, Egypt December 8, 2023. (REUTERS)
Short Url

https://arab.news/8zerv

  • Abdalla’s appointment was renewed in 2023

CAIRO: Egyptian President Abdel Fattah El-Sisi has extended the term of acting central bank governor Hasan Abdalla for a third year, the official gazette said on Monday.
Abdalla, who was head of Cairo-based Arab African International Bank for 16 years, was appointed for an initial year in August 2022 after the surprise resignation of long-serving Tarek Amer. Abdalla’s appointment was renewed in 2023.

 

Topics: Egypt Egypt central bank