18 January 2013

Somalia: Somali President Appoints New Central Bank Director

Somali President Hassan Sheikh Mohamud has appointed economist Abdisalam Omer director of Somalia's Central Bank, Hiiraan Online reported Wednesday (January 16th).

Omer, who holds a doctorate in public administration from the University of Tennessee in the United States, was previously the director of the UN Development Programme's governance and financial services programme in Somalia. He also worked at the World Bank and was the chief business officer for the public school system in Washington, DC.

He promised to revive Somalia's Central Bank, which has not operated consistently since before 1991. At present, Omer is in Washington, DC meeting with officials from the World Bank and other international institutions.

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