Algeria

Governor of the Bank of Algeria Relieved of Duties

Algiers, Algeria – President Abdelmadjid Tebboune has terminated the duties of the Governor of the Bank of Algeria, Salah Eddine Taleb, effective today, according to a statement released by the Presidency.

The announcement, made on Sunday, January 4th, 2026, indicates a shift in leadership at the helm of the nation’s central bank. The statement provided no specific reasons for the termination of Mr. Taleb’s mandate.

In the interim, the Deputy Governor of the Bank of Algeria, Moatassem Boudiaf, has been appointed as Acting Governor. Mr. Boudiaf will assume the responsibilities of the Governor until a permanent replacement is named.

Mr. Boudiaf’s appointment to the acting role signals a move to ensure continuity and stability within the Bank of Algeria during this transitional period. His experience as Deputy Governor is expected to provide a seamless handover of responsibilities.

The Bank of Algeria plays a crucial role in managing the nation’s monetary policy, overseeing financial institutions, and maintaining the stability of the Algerian dinar. The change in leadership comes at a time of significant economic challenges and opportunities for Algeria.

Further details regarding the appointment of a permanent Governor are expected to be announced in the coming days. The government’s choice for the permanent role will be closely watched by economists and financial analysts, as it will provide insights into the future direction of Algeria’s monetary policy.

DZWatch will continue to monitor this developing story and provide updates as they become available.

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