By John Lee.
Iraqi Prime Minister Mohammed S. Al-Sudani chaired a meeting on Monday of the High Committee tasked with reassessing and restructuring the boards of directors of state-owned banks and the Central Bank of Iraq (CBI).
The committee approved several recommendations focused on evaluating board performance as part of a broader programme of banking and financial reform. The Prime Minister emphasised the critical role of these boards in leading strategic direction, ensuring transparency and accountability, and assessing institutional financial risks.
He also called for stronger coordination between the boards, government entities, and the private sector to advance financial and developmental policies that support Iraq’s economic growth.
(Source: Media Office of the Prime Minister)
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