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Tamarah Kabboul ·
Standing out again the best, Riad Salameh received the award for the fourth time!
Lebanon’s Central Bank Governor Was Just Awarded Among the Best in the World (featured image
@REUTERS/Jamal Saidi)
For the second year in a row, Lebanon’s Central Bank Governor Riad Salameh has been awarded a top “A” grade among 94 central bank governors in the world in the 2019 report of Global Finance, one of the most important economic magazines in the world.
Via Mohamed Azakir/Reuters
The Central Banker Report Card, which is released annually by the U.S.-based Global Finance magazine since 1994, graded the central bankers in 94 countries and regions for 2019 in which Salameh was granted a “Class A” rating score, maintaining the rank he had previously received in 2011, 2017 and 2018.
Salameh stood amongst several central bankers receiving a grade A in the report card central bankers: Australia, Kuwait, Morocco, Russia, South Korea, Iceland, Honduras, and Mexico; all awarded an ‘A’ status.
The grading is based on an “A” to “F” scale for progress in areas, including but not limited to factors like:
- Inflation control,
- Economic growth goals,
- Currency stability and interest rate management.
From his side, Global Finance publisher and editorial director Joseph Giarraputo stated, “With trade disputes and political instability gaining steam, nations look to central bank leaders to be steady hands on the world’s economic tillers, and this year’s top-rated bankers demonstrate just that kind of stable leadership, whether they are steering their nation through stormy times or battening the hatches with an eye to clouds on the horizon.”
Riad Salameh is a Lebanese banker and current Governor of the Banque du Liban – the central bank of Lebanon since August 1st, 1993. He is also a member of the Board of Governors at the International Monetary Fund (IMF) and at the Arab Monetary Fund (AMF).
