CBL Governor steps down

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The Executive governor of the Central Bank of Liberia, Nathaniel R. Patray, iii  has resigned his post  saying in it was in line with arrangements with the president of Liberia.

Prior to submitting his letter of resignation to the president over the weekend, Patray held a meeting  with his staff members to express his thanks and appreciation for the level of   support accorded him.

So, when he submitted his letter, president Weah accepted it according to Executive Mansion statement.

“The President of Liberia, H.E. Dr. George Manneh Weah, has accepted the resignation of Central Bank of Liberia (CBL) Governor, Nathaniel R. Patray,” the statement said.

It added, The former CBL Executive Governor resigned on October 24, 2019 with immediate effect.

“His resignation followed President Weah’s recent pronouncement that he would restructure the Central Bank of Liberia towards tackling the Country’s economic challenges,” the statement said.

So, President Weah profoundly thanked Mr. Patray for his services to the Government and people of Liberia. He said Mr. Patray’s acceptance to serve as a Governor during the challenging times was remarkable. He wished the former CBL Governor well.

The Liberian Leader assured Mr. Patray that he can be called upon to serve his Country in other capacities when the need arises.

The president appointed an interim leader.

“The Liberian Leader has named Dr. Musa Dukuly as Officer-In-Charge of the Central Bank of Liberia pending the appointment and subsequent confirmation of a new Governor,” the statement said.

The Central Bank of Liberia previously called “National Bank of Liberia” was founded on 18 October 1999 by an act of national legislature and began operations in 2000. It is a member of the Alliance for Financial Inclusion. TNR

 

 

 

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About Post Author

Reporter

Reuben Sei Waylaun Managing Editor A trained Liberian journalist and Administrator with over eight active years in mainstream media. He has worked with both the electronic and print media as radio producer, newscaster, reporter, News Editor, Editor-In-Chief, and Managing Editor respectively. He has a very good understanding of the Liberian media and very good working relations with media houses across the country and good at lobbying with his peers and above at all times. Reuben is a graduate of the University of Liberia with BPA in PUBLIC ADMINISTRATION & MANAGEMENT with emphasis in Development Planning Administration & Public Policy. In Management, he has emphasis in Human Resource management, Small Business Management and Business law respectively
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