Bin Zarah Appointed as the KSA Executive Director, at the IMF

Al-Jadaan extended his appreciation to Maher Mouminah, the outgoing representative of the Kingdom, at the IMF,  for the vast efforts he has exerted, during his tenure, as executive director for KSA office at IMF.

The appointment of bin Zarah was based on his extensive experience and profound knowledge, in the financial, investment, government debt management, credit and asset management, corporate finance and treasury fields.

He has served in his last position as Chief Operating Officer and Chief of Staff at the National Debt Management Center, overseeing the total debt portfolio across its different currencies, maturities, and debt services, in addition to managing the sovereign credit rating process of Saudi Arabia, along with securities services operations and support functions.

In this context, bin Zarah expressed his thanks and appreciation of the leadership and the minister of finance for their valuable confidence, in this appointment, that will have a tremendous motivation to further serve the country,  contribute to strengthening the kingdom’s leading role, financially and economically, at global level in general, and in regional level, in particular, and to achieve the kingdom’s economic and development goals, under its unique Vision 2030.

The Saudi IMF’s Executive Office has a permanent membership, in the IMF executive board, representing Saudi Arabia independently.

The executive board is composed of 24 executive directors, representing the 190 member states, aiming to promote global monetary cooperation, securing financial stability, facilitating international trade, promoting high employment opportunities and sustainable economic growth, and reducing poverty around the world.