Algeria Names Acting Central Bank Chief

Wednesday 7th January 2026

By inAfrika Newsroom

Algeria central bank change is now in focus across North African markets after state media said President Abdelmadjid Tebboune dismissed central bank governor Salah Eddine Taleb and appointed deputy governor Mouatassem Boudiaf as acting governor.

The move was announced by presidential decree, and officials did not give a reason. Taleb had led the Bank of Algeria since May 2022. Therefore, traders will watch for signals on policy continuity and on how the bank communicates with lenders and the government in coming days.

Central bank leadership changes matter in Algeria because the state plays a large role in the economy. In addition, the country’s energy earnings shape public spending and hard-currency buffers. As a result, markets usually read personnel shifts as a clue to policy priorities.

So far, the decree appears focused on leadership, not on a new policy framework. However, investors will still listen for any early remarks from the acting governor. Also, banks and large importers will track whether there is any change in operational guidance.

For households, central bank stability can show up through inflation trends, credit access, and the pace of price pressure on basic goods. Meanwhile, for businesses, it affects liquidity conditions and confidence in payments. Consequently, even a short transition can bring caution, especially in sectors that rely on imported inputs.

Algeria has managed inflation and currency pressures differently across cycles. Still, the central bank remains a key institution for financial stability. Therefore, the next few statements from the presidency, finance officials, and the bank itself may shape the tone for early 2026.

Next steps — Algeria central bank change

Officials may publish a handover note and confirm whether the acting role becomes permanent. In addition, Algeria central bank change will be tested by how quickly the bank reassures markets through regular communication.

Why it matters

Leadership changes can shift market expectations fast. Therefore, clarity at the central bank helps protect savings, credit flow, and investor confidence.