Iran replaces central bank chief as economy faces crisis | GulfNews.com:
Iran replaced its central bank chief on Wednesday, local media reported, amid fallout over banking scandals and the crisis facing the country’s economy.
Valiollah Seif, who had served as the bank’s governor since President Hassan Rouhani took power in August 2013, was replaced by Abdolnasser Hemati following a cabinet meeting, according to the official IRNA news agency.
Hemati, 61, previously served as head of Central Insurance of Iran, as well as both Sina Bank and Bank Melli. He had been slated to become ambassador to China until he was recalled at the last minute.
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