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Syrian Arab News Agency (SANA) > Latest News > Economy > New Central Bank governor takes office in Damascus, pledges monetary stability

New Central Bank governor takes office in Damascus, pledges monetary stability

Published: 2026/05/18 11:47 PM
Updated: 2026/05/19 12:50 AM
New Central Bank governor takes office in Damascus, pledges monetary stability

Damascus, May 18 (SANA)    Mohammed Safwat Raslan formally assumed his duties as Governor of the Central Bank of Syria on Monday, in a handover ceremony held at the bank’s headquarters in Damascus in the presence of outgoing Governor Abdulkader Husrieh and the bank’s senior departmental directors.

The Central Bank said via its official Telegram channel that the transition was carried out in accordance with institutional handover procedures, ensuring continuity of operations and the stability of monetary and banking policies. The ceremony included a formal recognition of Husrieh’s contributions to building and organizing the institution’s work.

Raslan thanked Husrieh for his considerable efforts during what he described as “a sensitive and exceptional period in the history of the new Syria,” saying the achievements of the past months form an important foundation on which the Central Bank will continue to build.

New Central Bank governor takes office in Damascus, pledges monetary stability

He stressed that monetary and financial stability is a cumulative institutional process, built over time through successive teams and efforts within the bank.

He said the coming period will focus on strengthening monetary and financial stability gradually and sustainably, through an approach grounded in gradualism, continuity, and the consolidation of trust — aligned with the policies pursued by the bank in the previous phase and in the long-term interest of the Syrian economy and the Syrian people.

Raslan was appointed by President Ahmad al-Sharaa under Presidential Decree No. 99 of 2026, issued on May 15.

Profile: Mohammed Safwat Raslan

Born in 1981, Raslan holds a university degree in economics and accounting from the University of Aleppo and a diploma in strategic management from Lazarski University in Warsaw, alongside international professional certifications in project management. He brings over 20 years of experience in credit risk management, governance, and digital transformation.

His career includes serving as Director General of the Syrian Development Fund, credit business director at the Pharmacists and Doctors Bank in Germany, consultant at EY and Capco, banking expert at TARGOBANK and Deutsche Bank, and branch manager at Byblos Bank Syria. He has also served on the boards of several civil society organizations in Germany and has received multiple recognitions for his volunteer and charitable work there.

New Central Bank governor takes office in Damascus, pledges monetary stability
New Central Bank governor takes office in Damascus, pledges monetary stability

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