Mohammed bin Sulaiman bin Mohammed Al-Jasser

Mohammed bin Sulaiman bin Mohammed Al-Jasser

Mohammed bin Sulaiman bin Mohammed Al-Jasser
Minister of National Economy and Planning

Dr. Muhammad Al-Jasser was born in Buraidah, Saudi Arabia in 1955. Dr. Muhammad Al-Jasser received his B.A. degree in Economics with honor from San Diego State University in 1979 and M.A. in Economics from the University of California in 1981. In 1986 he received his doctorate degree in Economics from the University of California.

Dr. Al-Jasser started his career at the Ministry of Finance and National Economy of Saudi Arabia as Head of Financial & Economic Analysis Unit in the Budget Department in 1981. At the Ministry of Finance and National Economy he also supervised the operations of the World Bank Mission in the Kingdom in 1981-1983 and 1986-1988. He also participated in many intra and inter-ministerial committees. He was appointed as Acting Deputy Minister of Finance and National Economy for Budget and Organization in 1995.

International Monetary Fund (IMF):
Dr. Muhammad Al-Jasser joined the IMF as Economic Advisor to the Executive Director for Saudi Arabia in 1988 and was promoted as Alternative Executive Director in 1989. In 1990 he was selected as Executive Director at the IMF, the post he held until 1995. During this period, he participated in the annual meetings of the World Bank and IMF. He prepared a large number of research papers and studies on fiscal and monetary policies. He took part in a number of permanent committees formed by the Executive Board of the IMF, namely, Budget Committee, Committee on relations between IMF and the WTO, Committee on Administrative Policies, Committee on Admission to Membership of countries of former Soviet Union, Committee of Eritrea’s membership, etc. During Dr. Al-Jasser’s stay at the IMF he participated in many conferences and symposia on economic issues.

Since his appointment in 1995 as Vice Governor of the Saudi Arabian Monetary Agency-SAMA (central bank of Saudi Arabia), Dr. Al-Jasser is also the Vice Chairman of the Board of SAMA.
Besides that Dr. Al-Jasser has been a member of the Saudi Arabian Negotiation Team on the accession of Saudi Arabia to the WTO and chairman of the WTO Services Group; Member of the Committee of external experts to conduct a Review of the Quota Formulas of the IMF (QFRG); and Chairman of the “Technical Saudi Negotiating Team” for negotiations with the International Oil Companies;. Member of the Board of Saudi Public Pension Agency

Presently Dr. Al-Jasser is the Chairman of the Board of the Arab Investment Company; Chairman of the Board and Chairman of the Executive Committee of the Saudi Telecom Co.; Chairman of the Fund for Supporting Research and Educational Programs at King Fahd University of Petroleum and Minerals; Chairman of the Eisenhower Fellowships Nominating Committee for Saudi Arabia; Member of the Board of Saudi Arabian Mining Co.; Member of the Board of Trustees of the Centennial Fund; Member of the Board of Saudi Arabian Airlines; Member of the Consultative Council of Islamic Corporation for the Development of the Private Sector; and Member of the Higher Committee of King Saud University Endowment.

Dr. Muhammad Al-Jasser was honored with King Abdulaziz Medal of the First Order for his services to the Kingdom of Saudi Arabia