Riad Salameh

Riad Salamé (born July 17, 1950) is a Lebanese banker. He has been Governor of the Banque du Liban since August 1, 1993.^[1]

Background

Salamé was born in Lebanon. He is the son of Toufic Salamé and Renée Romanos. He attended the Jesuits’ College of Notre-Dame de Jamhour and then graduated with a BA in Economics from the American University of Beirut.

Career

Between 1973 and 1985, he acquired an extensive experience at Merrill Lynch (Beirut and Paris) that led to his designation from 1985 through 1993 as Vice-President and Financial Advisor, a position that he occupied till his appointment as BDL Governor.

Salamé became the Governor of Banque du Liban, Lebanon's Central Bank, on August 1, 1993. He was reappointed for three consecutive terms in 1999, 2005 and 2011.

He chairs the following bodies: the BDL Central Council, the Higher Banking Commission, the AML/CFT Special Investigation Commission and the Capital Markets Authority.

Salamé is member of the Board of Governors at the International Monetary Fund (IMF) and the Arab Monetary Fund (AMF).

In 2012, Governor Salamé chaired the IMF and World Bank Boards of Governors held in Tokyo.

Starting July 1, 2013, Mr. Salame co-chairs the FSB Regional Consultative Group for the Middle East and North Africa for a term of two years. He is also the chairman of the AMF Board of Governors for 2013.

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