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#Hesham Ramez

Hesham Ramez will not renew his tenure as Governor of the Central Bank of Egypt (CBE) and will be replaced by Tarek Amer, former CEO of the National Bank of Egypt (NBE), the presidency announced in a statement on Wednesday. Egypt's President Abdel Fattah El Sisi accepted Ramez's resignation, which is due to take effect when his term as governor ends on November 26. Amer is due to take over on November 27. Amer is a member of CBE’s Board of Directors and…