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Souhaid's nomination: Banking sector discreet, Aoun-Salam dissension widely discussed

The appointment of the sixth governor in BDL's history by a vote rather than consensus has provoked reactions.

Souhaid's nomination: Banking sector discreet, Aoun-Salam dissension widely discussed

The front page of the daily al-Joumhouria on Friday, March 28, 2025, following the appointment of Karim Souhaid as the head of the BDL, noting that the "vote reveals the divisions." (Credit: al-Joumhouria daily)

The reactions to Karim Souhaid's appointment as head of Banque du Liban (BDL) at the end of Thursday's Cabinet meeting have been rare in the banking sector. In the political and media world, they have mainly focused, beyond congratulatory messages, on the difference of views within the executive duo Aoun-Salam and on Souhaid's appointment by a voting process rather than by consensus, with Prime Minister Nawaf Salam and six ministers abstaining.The front pages of Lebanese dailies Nida' al-Watan and al-Joumhouria, close to March 14 and opposed to Hezbollah, focus on this divergence. While the first argues that President Aoun is "master of the Constitution" after presiding over the session where the appointment was made following a vote, due to a lack of consensus (per Article 65 of the Constitution), the second...
The reactions to Karim Souhaid's appointment as head of Banque du Liban (BDL) at the end of Thursday's Cabinet meeting have been rare in the banking sector. In the political and media world, they have mainly focused, beyond congratulatory messages, on the difference of views within the executive duo Aoun-Salam and on Souhaid's appointment by a voting process rather than by consensus, with Prime Minister Nawaf Salam and six ministers abstaining.The front pages of Lebanese dailies Nida' al-Watan and al-Joumhouria, close to March 14 and opposed to Hezbollah, focus on this divergence. While the first argues that President Aoun is "master of the Constitution" after presiding over the session where the appointment was made following a vote, due to a lack of consensus (per Article 65 of the Constitution), the second...
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