Administrative Restructuring in Iraq’s Financial Sector
Baghdad – The Iraqi Minister of Finance, Taif Sami, has initiated an administrative restructuring within the country’s financial institutions. This move includes the reassignment of Mohammed Samir Abbas, who previously served as the director of the Rashid Bank. He has now been appointed as the director of the Islamic River.
An official document confirmed this transition, indicating that the Ministry of Finance is focusing on strategic leadership placements in its banking sector.
This restructuring is a part of broader efforts to enhance operational efficiency and adapt to the changing economic landscape in Iraq. The government continues to prioritize strengthening its financial institutions to foster economic growth and stability.
This strategic move signals the Minister’s commitment to reforming the financial sector, ensuring it meets the challenges of the current economic climate while also aligning with international banking practices.