Lebanon deputy central bank governors threaten to resign if no new chief is appointed

Lebanon deputy central bank governors threaten to resign if no new chief is appointed

BEIRUT

Lebanon’s deputy central bank governors could all resign if no successor is appointed when current chief Riad Salameh’s term ends this month, one of the deputies warned on Thursday, raising the prospect of a leaderless central bank amid a political and financial crisis.

Salameh, whose 30-year tenure as governor has been stained lately by charges at home and abroad of embezzlement of public funds in Lebanon, is expected to leave his post when his term ends in late July. He denies the charges.