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Cabinet approves a new governor for the Central Bank of Somalia

Storyline:National News

Abdirahman Mohamed Abdullahi who has a resourceful professional with broad experience in financial management and banking was today approved by the cabinet as the new governor of the central bank of Somalia.

Abdirahman who has started his career as a revenue collection officer at the ministry of finance of Somalia in 1986 with over 20 years of experience in both government and private sectors was currently a senior economic policy advisor at the Office of the Prime minister.

The Lower House endorsed the amendment of article 12 of the Central Bank of Somalia Act 2012 on I4th January 2019 which had restricted the appointment of central bank governors and board members to Somali nationals after the government had given the executive a go-ahead to appoint a foreign national to head the country’s central bank amid reports the government was tapping the services of a British national.

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