President Abdel Fattah el-Sisi on Wednesday accepted the resignation of central bank governor Tarek Amer and named him a presidential adviser, the Egyptian leader’ office said in a statement.

The brief statement offered no reasons for Amer’s resignation. He had been appointed as governor of the central bank in November 2015.

No replacement was immediately named.

Amer’s resignation came as the government is in talks with the International Monetary Fund for a new loan to support its reform program and to help address challenges caused by the war in Europe.