Lebanon Names Ex-HSBC Banker Souaid as Central Bank Governor

Lebanon appoints new central bank governor as it works to climb out of economic crisis

Lebanon has appointed asset manager Karim Souaid to the post of central bank governor Thursday as the government tries to reform the economy after months of war and decades of mismanagement and corruption.

Lebanon Names Ex-HSBC Banker Souaid as Central Bank Governor

Lebanon selected Karim Souaid as central bank governor, picking a private-sector finance specialist to lead a long-delayed overhaul of the financial sector and kickstart an economic recovery.

On Thursday, the Lebanese Cabinet will appoint a new governor of the Bank of Lebanon, as announced by the Minister of Labor, Mohamed Haidar. Haidar said: “We held two lengthy sessions to approve

Lebanon's Economic Crossroads: New Central Bank Governor Appointed Amid Crisis

Lebanon's Economic Crossroads: New Central Bank Governor Appointed Amid Crisis Lebanon named asset manager Karim Souaid as its new central bank governor on Thursday, amidst a push for economic reforms following years of turmoil and corruption. Prime Minister Nawaf Salam announced the appointment, though he expressed reservations, noting that Souaid's backing came from more than two-thirds of the reformist Cabinet.The appointment comes at a criti…

In implementation of political liquidity, Karim Said will be the Governor of the Bank of Lebanon tomorrow with the agreement of two out of three presidents. The deficit in the ministerial balance may depend on the voting option

On Tuesday, President Gustavo Petro will lead a Council of Ministers focused on the crisis of the health system, which is expected to be broadcast live on official and private channels starting at 4:00 p.m. The broadcast will coincide with the South American elimination day at the 2026 World Cup. According to what was known from the House of Nariño, the government will focus the discussion on the situation of the health system, with emphasis on …