Saudi Arabia names Abdullah bin Zarah as Head of Executive Office at IMF

Saudi Minister of Finance, Mohammad Al-Jadaan, issued a decision appointing Abdullah bin Fahd bin Zarah as Head of the Executive Office of Saudi Arabia at the International Monetary Fund (IMF), replacing Maher Momenah, according to a statement received by Argaam.
 

The appointment of Zarah was based on his extensive experience and in-depth knowledge in numerous financial and investment fields, such as public debt management, credit and asset management, corporate finance and treasury.

He recently served as Chief Operating Officer and Senior Executive Officer at the National Debt Management Center (NDMC), where he monitored the total debt portfolio in its various currencies, maturity dates and debt service.

He also monitored managing the Kingdom's sovereign credit rating and all support functions at NDMC.
 

The Kingdom's Executive Office is a permanent member of the IMF's executive board. It represents Saudi Arabia independently.

It comprises 24 executive members representing 190 member states. The IMF executive board aims to bolster international monetary cooperation, ensure financial stability, facilitate international trade, promote job opportunities and sustainable economic growth, and reduce poverty worldwide.