Kuwaiti governor resigns after 25 years as chief
Sheikh Salem AbdulAziz Al-Sabah has resigned as governor of the Central Bank of Kuwait. The state media agency, Kuwait News Agency (Kuna), issued a confirmation of his departure on February 13.
Despite Kuna not offering a reason for the governor's resignation, local media immediately began reporting that political tensions were the cause. Al-Sabah had been governor since 1986 but had faced new challenges in recent months as central bank employees protested over employment conditions and pay.
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