Algerian President Abdelmadjid Tebboune on Monday sacked central bank chief Rostom Fadli, in office for less than two years, the presidency announced without giving any further explanation.
Tebboune “on Monday ended the functions of the Governor of the Bank of Algeria, Mr. Rostom Fadli, and appointed Mr. Salah Eddine Taleb to replace him,” it said in a statement. Fadli had taken office in June 2020 as interim head of the central bank of Africa’s fourth-biggest economy, later being confirmed in the role.
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