Sabrine is the primary feminine governor of the Syrian central financial institution in its greater than 70-year historical past.
Syria’s new rulers have appointed Maysaa Sabrine, previously a deputy governor of the Syrian central financial institution, to steer the establishment – the primary lady to take action in its greater than 70-year historical past, a senior Syrian official mentioned.
With greater than 15 years of expertise within the area, Sabrine is a longtime central financial institution official principally targeted on oversight of the nation’s banking sector.
A grasp’s in accounting from Damascus College and a licensed public accountant, Sabrine has been a member of the board of administrators on the Damascus Securities Change since December 2018, representing the central financial institution. She has additionally served as deputy governor and chief of the Workplace Management Division on the financial institution, in response to the financial institution’s official web site.
Sabrine replaces Mohammed Issam Hazime, who was appointed governor in 2021 by then-President Bashar al-Assad and remained on after al-Assad was overthrown by a lightning rebel offensive, led by Hayat Tahrir al-Sham (HTS), on December 8.
For the reason that insurgent takeover, the financial institution has taken steps to liberalise an financial system that was closely managed by the state, together with cancelling the necessity for pre-approvals for imports and exports and tight controls on the usage of international foreign money.
However Syria and the financial institution itself stay below heavy sanctions imposed by the US and different Western powers.
The financial institution has additionally taken inventory of the nation’s property after al-Assad’s fall and a short spate of looting that noticed Syrian foreign money stolen however the principle vaults left unbreached.
The vault holds practically 26 tonnes of gold, the identical quantity it had firstly of its civil warfare in 2011, sources mentioned, however international foreign money reserves had dwindled from roughly $18bn earlier than the warfare to about $200m, they mentioned.
Sabrine is the second lady who has been appointed by the brand new Syrian administration, headed by de facto chief Ahmad al-Sharaa.
Earlier this month, Aisha al-Dibs was appointed as the top of the Girls’s Affairs Workplace below the Syrian interim authorities.