UAE president replaces central bank governor

Central Bank of the UAE
The Central Bank of the UAE
Photo: Achilver/Wikimedia Commons

The president of the United Arab Emirates has appointed a new central bank governor, after the previous incumbent stepped down after six years in post.

An official announcement in Arabic on March 31 said that the UAE’s president had appointed Abdulhamid Saeed as the new central bank governor. The new governor will probably play a major role in overseeing the significant emergency financing package announced last month.

Saeed will replace Mubarak Rashid al-Mansouri who has been central bank

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