There’s a major shakeup in the Central Bank of Iraq’s board of directors. In a significant move to reform Iraq’s financial sector Prime Minister Sudani has initiated a restructuring of the Central Bank of Iraq’s board of directors. This decision emerged from a recent meeting of the high committee responsible for evaluating and overhauling the leadership of state-owned banks and the CBI…Some board members may have hindered progress and the PM asked the banks to expedite the implementation of the global standards required and requested by the US government.
