Henry F Saamoi, new Executive Governor of Liberia’s Central Bank. Photo by Liberian Observer

   Abubakar Hashim

The new Liberia’s Central Bank Executive Governor, Henry F Saamoi, is not a newcomer to the banking landscape, having spent 25 years as the Chief Executive Officer CEO of International Bank Limited, a leading bank of unquestionable repute.

Saamoi is a seasoned banker, known for his untainted talents, locally and internationally.

He was recently confirmed by the Liberian Senate on February 4, 2025 as substantive Executive Governor with full authority to steer the country’s monetary policies.

He was officially commissioned as the country’s new Executive Governor by President Joseph  Boakai on March 4, 2025.

The new Liberian Central Bank Governor, Henry F Saamoi, left, receiving confirmation letter from President Boakai, right

He received overwhelming 21 votes in his favour in the Senate confirmation, with no opposing or abstaining votes, thereby getting Presidential affirmation a month later.

5 Untold Facts on Henry Saamoi

1. He is poised to transform the Central Bank by developing local talents, through forging teamwork culture
2. ⁠A new 5-year strategic plan to promote transparency and accountability
3. ⁠Price and Financial Sector Stability to beef up operational efficiency to achieve economic growth, is another salient pointer on his fact sheet
4. ⁠Decentralisation of the Central Bank, through leveraging technology to enhance value for money, is another area on the front burner
5. ⁠He brings in an apolitical posture to the Central Bank, through his long standing in the banking world, devoid of political interference, to adhere to the highest standards of integrity, accountability and transparency

Henry F Saamoi, with his deputy, James B. Wilifred, his Chief of Staff, George Bushanda and other senior staff, are currently on a drive to reposition the Central Bank of Liberia on a sound and competitive pedestal, according to international best practices

*Abubakar Hashim is the West Africa Bureau Chief of TheNEWS Magazine