Getting Cash Moving Again in a Crisis-Stricken Country

Lebanon is no stranger to crises – having experienced four major shocks between 2019 and 2021 which have severely impacted the economy and the ability of the cash cycle to function properly. We spoke to Dr Georges Chalhoub, Director, Cash Operations at Banque du Liban to find out more, and also how, in the midst of this, the Bank continues to keep innovation alive.

Q: How long have you been with the Bank?

A: I have a PhD in Information Technology and I started in 1996 in the Bank’s IT Dept, before moving over to Treasury in 2007. Since then I was Deputy Director of Cash Operations. Earlier this year, I was promoted to Director.

Q: How did your formal training in IT impact your career at the Bank?