UAE governor replaced after 23 years in job

Central Bank of the United Arab Emirates

The governor of the United Arab Emirates (UAE) central bank will leave his post after 23 years of service, according to a state news agency report, and will be replaced by the chief executive officer of the Emirates Investment Authority.

Sultan Bin Nasser Al-Suwaidi is one of the longest-serving central bank governors, having taken up his post in 1991. His departure comes as a surprise, with all other board members retaining their positions.

He will be succeeded by Mubarak Rashid Al-Mansouri, wh

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