Liberia’s Acting Central Bank Governor vows to improve monetary policy and transparency at the West African nation’s regulator after audit alleging financial irregularities triggered a leadership change early this Month.
Henry Saamoi will focus on reinforcing financial stability enhancing monetary policy effectiveness, the Central Bank said in a statement Monday shared on its official Facebook account.
“I am committed to high standards of integrity, accountability and transparency as well implementing policies that promote economic development and financial inclusion.
“We are dedicated to supporting economic initiatives that enhance the prosperity of all Liberians, particularly through policies that promote access to credit for small and medium enterprises.”
Saamoi, appointed August 1, replaces the ousted Jolue Aloysius Tarlue, is Liberia’s fourth bank governors in five years following the central bank crisis of 2018-19.
The newly appointed members of the Board of Governors of the Central Bank George Gooding, Joseph Robertson and Ebenezer Gibson were inducted on Aug.1.
