Central Bank's first governor departs
The first Governor of the Central Bank of Kuwait, Hamza Abbas Mirza Hussein, passed away. He was born in Kuwait in 1934 and studied economics at the American University of Beirut, then at Oxford. He began his banking career in the 1960s, holding important positions including Deputy Governor of the Central Bank of Kuwait and member of the International Monetary Fund. In 1983, he became the first Governor of the Central Bank, making him a prominent figure in Kuwait's financial sector.
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