Hemmati appointed governor of central bank of Iran (CBI)

Abdolnasser Hemmati, who has served previously as the CBI governor and the minister of economy in the current and previous administrations in Iran, has reportedly been reappointed as the CBI governor for one more time.

News ID: 2002470

Deputy for Communications and Information at the Presidential Office Mehdi Tabatabaei said Monday that President Masoud Pezeshkian had accepted the resignation of Mohammadreza Farzin and has appointed Hemmati in his place earlier in the day.

Abdolnasser Hemmati (left)has replaced Mohammad Reza Farzin (right) as Iran's Central Bank Governor (image caption).

The 67-year old economist and politician Abdolnaser Hemmati was the director of the Central Bank of Iran (CBI) from 2018 until late May 2021.

He was a reformist contender in the 2021 presidential elections.

The new CBI governor was appointed economy minister by the current President Masoud Pezeshkian administration but was impeached by the parliament on March 2, 2025.

Hemmati will assume office after he will be proposed to the cabinet by the economy minister, after approval by the Cabinet, and by presidential decree.

The appointment process for Abdolnasser Hemmati will likely be finalized at Wednesday's cabinet meeting.