Central Bank Governor Riad Salameh attends a Euromoney conference in Beirut, Monday, May 15, 2017. (The Daily Star/Mohammad Azakir)
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Global Finance Magazine Tuesday selected Lebanon Central Bank Gov. Riad Salameh and eight others as among the best-ranked central bank governors in the world, in recognition of their achievements.Salameh was credited with bailing out the national currency, which deprecated sharply against other international currencies before he assumed his position in 1993 .In 2016, Salameh was named the "Best Central Bank Governor" in the world by the prestigious Euromoney magazine.Salameh launched financial engineering in May 2016 to beef up the foreign assets of the Central Bank and to help the Finance Ministry meet its needs.
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