Mohammed Laksaci

Former governor, Bank of Algeria; Visiting Lecturer, Ecole Superieure de Commerce, Algiers

Mohammed Laksaci graduated from Algiers's Ecole Superieure de Commerce in 1978 with a bachelor degree in finance. He holds a bachelorís and a masterís degree in economics from the Catholic University of Louvain (UCL, Belgium). In 1985, he received his PhD in economics from UCLouvain, where he also worked as a teaching assistant from 1982 to 1985 in charge of the Monetary Theory course. From 1986 to 1990, he was a lecturer at Algiersís Ecole Superieure de Commerce and president of its scientific council.

He became the head of the research department at Bank of Algeria in 1990 where he was also in charge of the relations with the International Monetary Fund and the World Bank, a period marked by the implementation of two stabilization programs (1991 and 1994) and an EFF program (1995-1998). In 1997, he was appointed Vice-Governor of that institution and served until early June 2001. On June 02, 2001, he was appointed Governor of the Bank of Algeria and started his 15-year term, during which he was president of the monetary and credit council and of the banking commission.

From 2001 to 2016, he was Governor at the International Monetary Fund for  Algeria, and a member of its international monetary and financial committee representing a group of six countries : Afghanistan, Algeria, Ghana, Iran, Morocco and Tunisia. During that period, he also served as Vice-Governor at the Arab Monetary Fund. Laksaci was nominated president of the Association of African Central Banks twice.

Since November 2016, he is a visiting lecturer at Ecole Superieure de Commerce, dispensing courses for PhD students.

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