UAE: New Central Bank governor
Issue 978
- 03 Oct 2014
| 1 minute read
Mubarak Rashid Al-Mansouri, formerly the chief executive of the Emirates Investment Authority (EIA), has been appointed governor of the Central Bank of the UAE. He replaces Sultan Nasser Al-Suweidi, who had been at the helm of the institution since 1991, and was widely seen as a capable leader. Mansouri was appointed chief executive of the EIA – which is the federal government’s only sovereign wealth fund and is chaired by Sheikh Mansour Bin Zayed Al-Nahyan – in 2008, the year after the fund’s inception.
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