El-Sisi issues decree appointing Central Bank of Egypt board for 1 year

According to the presidential decree issued in the official gazette, the board is made of Rami Ahmed Adel Abul Naga, deputy governor of CBE; Tarek Mohamed Badawi El-Khouly, deputy governor of CBE; and Mohamed Farid Saleh, acting chairman of the Financial Regulatory Authority.

It also includes Ali Mohamed Ali Farmawi, technology expert; Naglaa Anwar El-Ahwany, economic expert; Sherif Hussein Kamel Mohamed, financial expert; Mohamed Othman Ibrahim El-Deep, banking expert; Samiha El-Sayed Fawzy, economic expert; Essam Mohamed Abdel Hadi Amer, accounting and financial expert; and Khaled Ibrahim Saqr Aly, economic expert.

Earlier in August, El-Sisi issued a decree to renew Hassan Abdallah’s tenure as the Central Bank of Egypt's (CBE) acting governor for a third term.

Abdallah was appointed as the CBE's acting governor on 18 August 2022.