Riad Salameh's tenure as governor of Lebanon's central bank on Monday came to an end after 30 years, with many sharply critical of the legacy he now leaves behind.
Lebanon has failed to find an official successor to Salameh, who has been governor of central bank since 1993 and has worked under 12 prime ministers and recurring political instability.
Wassim Mansouri, the deputy governor of the central bank, told reporters that he will take the role on an interim basis.
Lebanon's Rafik Hariri first became prime minister in 1992 and tapped Salameh to rebuild the country's post-war economy and banking sector.
In 2022, the World Bank blamed the country's political elite for a "Ponzi Finance" scheme, saying the depression was "deliberate in the making over the past 30 years."
Persons:
Riad, Nasser Saidi, CNBC's Dan Murphy, Salameh, Mansouri, Lebanon's Rafik Hariri
Organizations:
Liban, CNBC, World Bank
Locations:
Lebanon's, Banque, Lebanon