Stephen Groff

Stephen P Groff
Governor of the National Development Fund
Incumbent
Assumed office
February 2019
Ranking vice president of the Asian Development Bank
In office
September 2011 – February 2019
Preceded byC. Lawrence Greenwood
Personal details
BornCamp Lejeune, North Carolina, USA
SpouseMaria Theresa O. Regalado
Alma materYale University, Harvard University, Erasmus University
OccupationEconomist

Stephen P Groff is an economist and Governor of the National Development Fund of Saudi Arabia.[1]

Groff was appointed as Governor of the National Development Fund (NDF) in February, 2019. He is responsible for establishing this new $130 billion development finance institution with the objective of supporting economic diversification and raising the level of performance of sectoral funds and development banks in Saudi Arabia.[2][3][4]

He was previously ranking vice-president of the Asian Development Bank (ADB) in Manila, Philippines.[5][6][7][8][9][10][11][12] At ADB he was responsible for operations in East Asia, Southeast Asia, and the Pacific, amounting to over $6 billion in new lending every year and a portfolio of $35 billion.[13][14][15]

  1. ^ "Stephen Groff is Appointed as Governor of National Development Fund the official Saudi Press Agency".
  2. ^ "Stephen Groff, new governor of the Saudi National Development Fund | Arab News". 20 June 2019.
  3. ^ "Stephen Groff appointed head of Saudi National Development Fund". 20 June 2019.
  4. ^ "Saudi National Development Fund names Stephen Groff as governor". ArgaamPlus.
  5. ^ headhoncho (10 May 2017). "Stephen P Groff". Asian Development Bank. Retrieved 24 July 2017.
  6. ^ "World Learning, Inc". Retrieved 24 July 2017.
  7. ^ Choudhury, Geoff Cutmore, Saheli Roy (24 March 2017). "Boao Forum Hainan: Asian Development Bank VP Groff on Donald Trump". CNBC. Retrieved 24 July 2017.{{cite web}}: CS1 maint: multiple names: authors list (link)
  8. ^ "Stephen P Groff - Asia Clean Energy Forum". Retrieved 24 July 2017.
  9. ^ "Stephen Groff: The Next Migrant Wave - The Bretton Woods Committee". www.brettonwoods.org. Retrieved 24 July 2017.
  10. ^ "Public Lecture: Stephen Groff: Asia's Development Challenges". www.geas.fu-berlin.de. 12 June 2014. Retrieved 24 July 2017.
  11. ^ ADB Financial Profile 2012. Asian Development Bank. 1 April 2012. ISBN 9789290926450. Retrieved 12 February 2018 – via Google Books.
  12. ^ ADB Annual Report 2015: Scaling Up to Meet New Development Challenges. Asian Development Bank. 1 April 2016. ISBN 9789292575526. Retrieved 24 July 2017 – via Google Books.
  13. ^ Proceedings of the Regional Knowledge Forum on Post-Disaster Recovery. Asian Development Bank. 1 November 2015. ISBN 9789292572198. Retrieved 24 July 2017 – via Google Books.
  14. ^ Mulqueeny, Kala; Pont, Peter du (1 May 2014). Attaining Sustainable Energy Access for All: Third Asia-Pacific Dialogue on Clean Energy Governance, Policy, Law, and Regulation. Asian Development Bank. ISBN 9789292545338. Retrieved 24 July 2017 – via Google Books.
  15. ^ N; Baruah, ita; Arjal, Nischala (7 May 2014). "ADB's Stephen P Groff Examines Rise of Inequality in Middle Income Asia". Retrieved 24 July 2017.