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Mohammed Al-Jadaan

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Mohammed Al-Jadaan
Minister of Finance
Assumed office
1 November 2016
Preceded byIbrahim Abdulaziz Al-Assaf
Personal details
Born
Mohammed bin Abdullah Al-Jadaan

1963 (age 60–61)

Mohammed Al-Jadaan (Arabic: محمد بن عبد الله الجدعان; born 1963) is a commercial lawyer and co-founder of Al-Jadaan and Partners Law Firm who has served as Saudi Arabia's Minister of Finance since November 2016 and concurrently as Minister of Economy and Planning since March 2020 .[1] He replaced Ibrahim Al-Assaf as Minister of Finance.[2]

On 6th March 2020 Custodian of the Two Holy Mosques King Salman issued a royal order, appointing Mohammed Al-Jadaan as acting Minister of Economy and Planning in addition to his work as Minister of Finance replacing Mohammed Al–Tuwaijri.

Prior to his appointment as Minister of Finance Mohammed Al-Jadaan was the chairman of Capital Markets Authority where he oversaw the opening of the Tadawul Stock Exchange and the loosening of Saudi's regulatory framework to foreign investors.[3] He has also previously served as a Special Adviser to the board of Morgan Stanley Saudi Arabia.[2]

He is a close ally of Crown Prince Mohammed bin Salman and an advocate of Vision 2030.[4]

References

  1. ^ "Minister CV - Mohammed bin Abdullah Al-Jadaan". Ministry of Finance. Retrieved 4 July 2017.
  2. ^ a b "Who is Saudi Arabia's new finance minister?". Arab News. 2 November 2016.
  3. ^ "Clock ticking for Saudi Arabia's new finance minister as oil kingdom teeters closer to recession". National Post. 3 November 2016.
  4. ^ "Interview with Mohammed Al-Jadaan, Saudi Arabia Finance Minister from the World Economic Forum 2017". CNBC. 18 January 2017.
Political offices
Preceded by Minister of Finance
2016-present
Incumbent