On Sunday, Sudan’s military leader, General Abdel Fattah al-Burhan, sacked the central bank governor, Hussain Yahia Jankol.
Borai El Siddiq, one of Jankol’s deputies, has been appointed as the new governor, as stated in the statement.
The reason for Jankol’s sacking has not been disclosed yet.
Sudan has been facing turmoil since mid-April when a military conflict started between the army and the paramilitary Rapid Support Forces (RSF).
The move comes as the country is grappling with economic challenges, including high inflation and a currency crisis, leading to protests and calls for reforms in the banking sector.