Iran Central Bank Head Dismissed Due to Becoming Presidential Candidate

Posted on 05/31/2021

Iran President Hassan Rouhani has dismissed Iran’s central bank chief Abdolnasser Hemmati. The reason is for Hemmati becoming a presidential candidate in the June 18, 2021 election. The Iran cabinet said in a statement on Sunday that Hemmati had been dismissed as his candidacy “prevents him from having enough presence at the central bank and performing the vital duties and responsibilities of the governor in the sensitive areas of money and foreign currencies.”

The cabinet voted to replace Hemmati with his deputy, Akbar Komijani.

Valiollah Seif, Hemmati’s predecessor at the central bank, became the target of judicial probes and several of his deputies were arrested.

Keywords: Central Bank of the Islamic Republic of Iran, Central Bank of Iran.

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