Has Banque du Liban's new leadership restored any credibility?

Context

Banque du Liban, Lebanon's central bank, has faced severe credibility challenges since the country's 2019 financial crisis, when capital controls, bank closures, and currency collapse devastated depositors and the economy. The bank's leadership changes and reform efforts are closely watched as signals of whether Lebanon can stabilize its currency, rebuild foreign reserves, and restore confidence in its financial system. This matters now because Lebanon's economic recovery and ability to access international aid depend partly on whether the central bank can demonstrate competent, independent management.