People: Palestine Monetary Authority appoints new deputy governor

Riyad Abu Shehadah
Riyad Abu Shehadah
Palestine Monetary Authority

Palestinian Authority: Riyad Abu Shehadah has been appointed deputy governor of the Palestine Monetary Authority.

The PMA is the de facto central bank of the Palestinian National Authority, which under the Oslo peace accords of 1993 has formal authority over the Gaza strip and “areas A and B” of the West Bank. Palestinian president Mahmoud Abbas appointed Shehadah as deputy governor, the PMA said in a statement. He will succeed Shehadah Hussein, who has retired after serving eight years.


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