Algiers, January 4, 2026 – In a significant development within the Algerian financial sector, the Governor of the Bank of Algeria, Salah Eddine Taleb, has been relieved of his duties, according to a statement released today by the Presidency of the Republic.
President Abdelmadjid Tebboune terminated Mr. Taleb’s tenure as head of the nation’s central bank earlier today. The reasons for this decision were not immediately disclosed in the presidential statement.
Following the termination of Mr. Taleb’s mandate, President Tebboune has appointed the Deputy Governor of the Bank of Algeria, Moatassem Boudiaf, to serve as the Acting Governor. Mr. Boudiaf will assume leadership responsibilities with immediate effect, ensuring the continuity of the bank’s operations and policies during this transition period.
The appointment of an Acting Governor suggests a period of evaluation and potential restructuring within the Bank of Algeria. Financial analysts are closely watching these developments, speculating on potential shifts in monetary policy and the overall direction of the central bank under its interim leadership.
The Bank of Algeria plays a crucial role in managing the country’s monetary policy, overseeing the banking sector, and maintaining financial stability. The change in leadership comes at a sensitive time, as Algeria navigates ongoing economic challenges and seeks to diversify its economy.
Further announcements regarding a permanent replacement for the Governor are expected in the coming weeks. DZWatch will continue to provide updates on this developing story and its implications for the Algerian economy.
