The Clap President Abdel Fattah El-Sisi accepted Tarek Amer’s resignation as the CBE governor, thanking him for his service in the role.
The Deets President El-Sisi has hired Tarek Amer as his advisor.
Tarek Amer’s Term Tarek Amer was appointed as CBE governor in November 2015, and was selected by Global Finance magazine as one of the best central bank governors in 4 years.
Next CBE Governor According to sources, the candidates for the the CBE governor position are Hassan Abdalla, former Managing Director of the Arab African Bank, and Hisham Ezz El Arab, former President of CIB.
Positive Effect on EGX Following the news, the EGX30 increased by 2.18%.