VOL. XXXVI

NO. 34

24-MAY-1993

Financial and Banking News

ECONOMIC INDICATORS

Salamah Appointed Governor Of Lebanese Central Bank

Mr. Riad Salamah is to replace Mr. Michel Khoury as Governor of the Banque duLiban (Central Bank). Mr. Khoury resigned on 18 May and the appointment of Mr.Salamah was announced on 21 May. The four deputies to the former governor willalso be replaced. Mr. Salamah has recently been based in Paris.