UAE reshuffles central bank's board

Dubai, Dec 17: President of the United Arab Emirates (UAE) Sheikh Khalifa bin Zayed Al Nahyan on Sunday ordered a reshuffle of the central bank's board of directors, state-run WAM news agency reported.

According to the presidential decree, Hareb Masoud Hamad Al Darmaki was appointed as new chairman of the board of directors and Abdulrahman Saleh Al Saleh as new vice chairman, Xinhua news agency cited a report by WAM.

Meanwhile, the central bank governor, Mubarak Rashed Khamis Al Mansoori, who was first appointed as governor in September 2014, was kept in office for the next four years.