UAE governor replaced after 23 years in job

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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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