Fahad Almubarak

Saudi Arabian politician

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Fahad Almubarak is a Minister of State and Member of the Saudi Arabian Council of Ministers and the Saudi Arabia's G20 Sherpa since 2018. He has also been a Royal Court Advisor since 2015 and the Secretary-General of G20 Saudi Secretariat as well as Member of the SABIC Board of Directors' Investment Committee since 2017. He is a prominent Saudi Arabian businessman who served as the governor of the Saudi Central Bank, the central bank of the Kingdom of Saudi Arabia, from December 2011 to May 2016. Prior to his role with the central bank, Almubarak was an entrepreneur, a businessman and an investment banker. In his capacity as the governor of the central bank, he oversaw the country's foreign reserves of around US$500 billion, regulated the banking and insurance sector, and strengthened the stability of the financial sector. During his term, Saudi Arabia maintained an investment-grade S&P credit rating of AA− with a stable outlook.

Texto: Wikipédia em inglês, CC BY-SA 4.0. · Imagem: Muhammadponce (CC BY-SA 4.0) ·