ALGIERS- The new acting director generals of the Local Development Bank (BDL) and the National Bank of Algeria (BNA), respectively Rachid Belaid and El Houari Rahali, have been installed in their posts Thursday at the ministry of Finance, the ministry said in a statement.
Mr.Belaïd who comes to replace Mohamed Krim at the head of the BDL, occupied, prior to his appointment, the office of Delegate General of the Association of Banks and Financial Institutions (Abef), according to the same source.
As for Mr. Rahali, he held, prior to his appointment, the post of Deputy Director General within the BDL, the statement added.
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