Algeria’s longest serving governor dismissed
President dismisses Laksaci after 15 years of service at central bank
Mohammed Laksaci, governor of the Central Bank of Algeria, was dismissed from his post on May 31 by president Abdelaziz Bouteflika. His successor, chief executive of Banque Extérieure d'Algérie, Mohamed Loukal, was sworn into the role on June 2.
Laksaci was dismissed following a cabinet meeting held by the president on Tuesday. However, suggestions he would be removed from the post emerged earlier on in March when the governor appeared before members of parliament to discuss the performance of
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