Raslan after taking over the Central Bank: Monetary stability first without promises and no improvisation

Raslan after taking over the Central Bank: Monetary stability first without promises and no improvisation

16 May 2026, 10:13
5 min read
Raslan after taking over the Central Bank: Monetary stability first without promises and no improvisation

 The  new governor of the Central Bank of Syria, Safwat Raslan, stressed that the rebuilding of monetary and financial stability will be the most prominent headline for the next stage, describing the current economic moment as one of  the "most sensitive stages" in the history of the modern Syrian economy.

In a statement published on the "X" platform, Raslan thanked President Ahmed Al-Sharaa for trusting him with this national responsibility, and thanked former governor Abdul Qader Al-Hasriya for his efforts, stressing his appreciation to all those who expressed his support and confidence.

Raslan stressed that any monetary policy "only gains its value when it is truly reflected on people's lives and stability," noting that the next phase will depend on calm and responsible action away from temporary solutions and improvised measures, with the aim of achieving gradual and sustainable stability.

He stressed that trust "is not built by words, but by deeds, transparency and results," and that the stability of the Syrian economy is a "shared national responsibility" that requires the cooperation of the state, the banking sector, the private sector, and Syrian competencies inside and outside the country.

Raslan concluded by stressing that the performance evaluation will be "based on what is achieved on the ground, not what is said in the statements", referring to the adoption of a pragmatic approach since the first day of his tenure, following the issuance of Decree No. 99 of 2026, which appointed him as governor of the Central Bank of Syria to succeed Abdel Qader Hosriya.

 

Who is the new ruler?

Born  in Aleppo in 1981, Mohammed Safwat Raslan  obtained a university degree in Economics and Accounting from the University of Aleppo, before pursuing his postgraduate studies and obtaining a diploma in strategic management from Lazarski University in Warsaw, Poland, and holds a number of international professional certificates in project management and credit risk.

Raslan's career has spanned Syria and Germany, where he served as the General Manager of the Syrian Development Fund, worked in Germany as a credit manager at the German Pharmacists and Doctors Bank (apoBank), and as a banking expert and consultant at Deutsche Bank and Targobank, in addition to working with consulting firms EY and Capco.

Raslan, who holds German citizenship, managed the  Byblos Bank branch in Syria and also worked as a corporate finance officer at Syria International Islamic Bank.

His leadership of the Central Bank comes at a delicate transitional stage aimed at restructuring the financial sector by reconnecting the Syrian banking sector to the global financial system , controlling the exchange market, combating parallel trading, reducing inflation, and facilitating the entry of remittances and foreign companies to support early recovery and reconstruction.

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