His Excellency President Mahmoud Abbas, the President of the State of Palestine, Chairman of the Executive Committee of the Palestine Liberation Organization, issued a decree to reconstitute the Board of Directors of Palestine Monetary Authority, chaired by His Excellency the Governor, Mr. Azzam Shawwa.
The new Board will begin its work after being sworn in by His Excellency the President.
The members of the new Board of Directors are:
1. Governor of Palestine Monetary Authority, Chairman of the Board
2. Deputy Governor of Palestine Monetary Authority, member
3. Mr. Farid Ghannam, Representing the Ministry of Finance
4. Mr. Iyad Judeh, member
5. Mr. Arafat Asfour, member
6. Dr. Firas Melhem, member
7. Ms. Samah Saleh, member
8. Mr. John Khoury, member
9. Mr. Said Haifa, member
The decree is based on the Charter of Palestine Liberation Organization, the Amended Basic Law of 2003, revision of Palestine Monetary Authority Law No. 2 of 1997 and its amendments, revision of Presidential Decree No. (165) of 2016 on the reconstitution of the Board of Directors of Palestine Monetary Authority, and on the recommendation of the Council of Ministers on 27 January 2020, and the powers vested in the President, and for the public interest.
Two months ago, His Excellency the President issued a Decree of Renewal of the Term of Office of the Governor of Palestine Monetary Authority for a Second Term until 2023.