CBL new governor promises to restore professionalism

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New Central Bank Governor, J. Aloysious Tarlue,

The newly confirmed Executive Governor of the Central Bank of Liberia, Mr. J. Aloysius Tarlue, Jr., says his number one priority is to restore confidence and professionalism at the bank.

 

Addressing an audience at his induction ceremony held at the CBL Board Room on recently Mr. Tarlue expressed gratitude to President Weah for his preferment and assured him and the Liberian People that he will work diligently to ensure that the Central Bank of Liberia will be governed by professionalism,  while at the same time ensuring accountability, transparency, and independence.

 Governor  Tarlue emphasized he will work to restore confidence by rebranding and repositioning the Central Bank of Liberia, adding that the  CBL is  a pre-requisite to restoring confidence in Liberia’s banking system.

Executive Governor Tarlue, argued that in recent time the CBL has been making headlines, contrary to its traditional duty as conducting banking business.

He added that he went to the Central bank with opened mind to work with the management team of the bank and has no preconceived mind.

 “I come to CBL with no preconceived notions and biases, but with a clear conscience to work with the Management Team to reform and restructure the Bank,” Executive Governor Tarlue said. “I don’t claim to know all but in the same token I will leverage on the institutional knowledge of our staff in my duties and solicit Technical Assistance from our international partners.”

The  CBL governor however thanked his predecessor  for  writing what  ‘great policies’, and at the same time he will  ensure the implementation and enforcement of these policies, which he promised to focus on.

Meanwhile Executive Governor Tarlue also pledged to collaborate with the fiscal authorities because fiscal and monetary policymakers need to work together to ensure we have a vibrant and growing economy.  

Aloysius Tarlue is the 5th Executive Governor of Central Bank of Liberia since its establishment in 1999.