The committee, which advises the board of the International Monetary Fund, appoints Mohammed Al-Jadaan for a three-year term starting January 4
Saudi Arabia’s Finance Minister Mohammed Al-Jadaan has been chosen to chair the International Monetary and Financial Committee, the policy advisory body of the Board of Governors of the International Monetary Fund (IMF).
Committee members appointed him Dec. 13 to a three-year term starting Jan. 4. He succeeds Nadia Calvino, Spanish Deputy Prime Minister and Minister for Economic Affairs and Digital Transformation, who has chaired the committee since 3 January 2022.
“The choice of Saudi Arabia to chair the Committee on International Monetary and Financial Affairs reflects the international community’s confidence in its position at the regional and international levels and its key role in promoting multilateral action,” Al-Jadaan said .
“I look forward to working with the committee members and the fund’s management to enhance the stability and effectiveness of the global monetary and financial system and to advance the prospects for global economic growth,” he added.
Al-Jadaan also serves on the Ministerial Council of the OPEC Fund for International Development and on the boards of the IMF, World Bank, Arab Monetary Fund, Islamic Development Bank and Asian Infrastructure Investment Bank.
He also heads Saudi delegations to meetings of G20 finance ministers and central bank governors, and is a member of the boards of directors of the Kingdom’s Public Investment Fund and Saudi Aramco.
