Advisors close to Prime Minister Kadhimi are elevated to top executive positions over economic and security issues.
Oil Minister Ihsan Ismaael, then-director general of the Basra Oil Company, listens to workers during an inspection of work to reinforce berms at the Majnoon oil field following an excess of floodwaters from Iran, on April 9, 2019. (JASSIM AL-JABIRI/Iraq Oil Report)
By Lizzie Porter and Staff of Iraq Oil Report
Published Monday, September 14th, 2020
ERBIL/BAGHDAD – Ten advisors or allies to Iraqi Prime Minister Mustafa al-Kadhimi have been named to run crucial banking and security institutions in a move that consolidates strategic authority as Kadhimi attempts to tackle a financial crisis and escalation of nationwide violence.
In addition to new leaders of the Central Bank of Iraq, Trade Bank of Iraq, and executive branch institutions that report to Kadhimi, Oil Minister Ihsan Ismaael has been named the presumptive head of the Iraqi National Oil Company (INOC), which has not yet been formed as negotiations over the legislation for the company continue.
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