President Sisi names veteran banker as caretaker head of Egypt’s central bank

CAIRO: Egypt’s president on Thursday appointed a caretaker governor of the central bank, the president’s office said, a day after the bank’s chief resigned amid a grinding economic crisis triggered by Russia’s war on Ukraine.

According to a statement, President Abdel Fattah El-Sisi named Hassan Abdullah to succeed Tarek Amer, who had held the post since 2015. The appointment still needs to be ratified by the state-controlled parliament, which is in recess until October.