Sudden resignation disrupts the Syrian Central Bank... Who will take Sabreen's place?

In an unexpected move, Maisaa Sabreen announced her resignation from the position of Governor of the Central Bank of Syria, just a few months after her appointment, without providing any official explanations for the resignation. This comes amid anticipation for the formation of a new government in the country, with official sources confirming that her replacement will be appointed soon. Sabreen, the first woman to hold this position in Syria's history, took office in December 2024, succeeding Mohammad Issam Hazeem, following significant political changes in the country after the fall of former President Bashar al-Assad on December 8. Amid these developments, media outlets and social media platforms circulated reports about the appointment of economic expert Dr. Abdel Qader Hossariya as the Governor of the Central Bank of Syria, without official confirmation or denial. Hossariya, who holds a Ph.D. in finance from Durham University, has extensive experience in reform and public policies, having held several prominent positions, including leading the market sector at "Ernst & Young Middle East" and chairing the financial committee at the "International Federation of Red Cross and Red Crescent Societies" in Geneva in 2012. He is also a managing partner at "BCG - Hossariya & Partners" and has made numerous contributions to Syrian and Arab economic journalism. This change comes at a sensitive time for Syria, as the economy faces significant pressures due to inflation and currency devaluation, amidst the continuation of Western sanctions that have only been partially lifted. Experts believe that Hossariya's appointment may indicate a new direction in monetary policy, with expectations for reforms aimed at achieving further financial and economic stability in the country.