Top Abu Dhabi banker Khalifa Mohammed al-Kindi is the new chairman of the United Arab Emirates' central bank, a statement from the bank after a board meeting showed on Monday.
Sultan Nasser al-Suweidi remains governor of the bank for now, according to the bank statement, although his term, which expired in July, has yet to be officially renewed.
The chairman, who heads board meetings and has the final say on policy decisions, is involved in strategic decision-making, while the governor steers the bank's day-to-day operations andrepresents it at high-level international events.
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