Laos replaces central bank governor amid economic woes

Laos replaces central bank governor amid economic woes – Central Banking



Bounleua Sinxayvoravong steps down after two years at the helm


Bank of the Lao PDR front entrance sign and flags

Laos’ parliament removed Bounleua Sinxayvoravong as governor of the Bank of the Lao PDR on July 2, as the country’s economic problems continued.

The national assembly approved a proposal from prime minister Sonexay Siphandone to transfer Sinxayvolavong to a position in Luang Prabang province, at the end of a biannual session that started on June 10. Specific details regarding his new role have not been disclosed.

Vathana Dalaloy, who previously served as deputy governor of the Bank of the Lao PDR

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