Central Bank of Egypt governor resigns

Tarek Amer
Tarek Amer
Photo: AlFaramawi/Wikimedia Commons

The governor of the Central Bank of Egypt, Tarek Amer, announced his resignation on August 17. He will become an adviser to Egypt’s president, Abdel-Fattah al-Sisi.

There were no immediate reports about who might succeed Amer. The CBE has two deputy governors, Gamal Negm and Rami Abulnaga. Sisi will nominate a new governor and the lower house of the Egyptian parliament will confirm the nomination.

Negm had denied rumours that Amer had resigned on August 13, Asharq al-Awsat reported.


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