Fahad bin Abdullah bin Abdullatif Almubarak | |
|---|---|
 | |
| Chairman of Saudi Central Bank | |
| Assumed office 2021 | |
| Preceded by | Ahmed Abdulkarim Alkholifey |
| Personal details | |
| Born | 1955 (age 68–69) Saudi Arabia |
| Alma mater | Southern Methodist University, Texas. |
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.[1] 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.
- ^ "PROFILE-Saudi C.Bank Governor Fahad al-Mubarak". Reuters. 28 December 2011. Archived from the original on 7 October 2017. Retrieved 2 July 2017.