Arab Monetary Fund – Annual Report 2020
Arab Monetary Fund – Annual Report 2020
118
Arab Monetary Fund – Annual Report 2020
Arab Monetary Fund – Annual Report 2020
119
Organizational Structure
The Board of Governors
The Board of Governors consists of the Governor and deputy Governor appointed by each Member Country in the Fund, and the Board shall elect its chairman from among its members on a rotational basis. The Board of Governors is considered the General Assembly of the Fund and has all the administration authorities. The Board of Governors of the Fund meets annually, in the first half of each year, in or outside the headquarters country. The following table shows the composition of the Board of Governors of the Fund, as on 31st December 2020:
Member Countries Governors and Deputy Governors Hashemite Kingdom of
Jordan
Governor: H.E. Dr. Ziad Fariz
Deputy Gov.: H.E. Dr Mohammad Mahmoud Al Ississ
United Arab Emirates Governor: H.E. Obeid Humaid Al-Tayer
Deputy Gov.: H.E.Abdul Hamid Mohammed Saeed Al Ahmadi(1)
Kingdom of Bahrain Governor: H.E. Sheikh Salman Bin Khalifa Al Khalifa Deputy Gov.: H.E. Rashid Mohammed Al Mearaj
Republic of Tunisia Governor: H.E. Dr. Marouane El Abassi Deputy Gov.: H.E. Mourad Abdesslem People’s Democratic
Republic of Algeria
Governor: H.E. Ayman Ben Abderahmane (2) Deputy Gov.: H.E. Rosthom Fadli (3)
Republic of Djibouti Governor: H.E Abdul Karim Adam Shir Deputy Gov.: H.E Ahmed Osman Ali Kingdom of Saudi
Arabia
Governor: H.E. Mohammed Bin Abdullah Al-Jadaan Deputy Gov.: H.E. Dr. Ahmed Bin Abdulkarim Al Kholifey
Republic of the Sudan Governor: H.E. Dr. Heba Mohammed Ali (4)
Deputy Gov.: H.E. Mohamed al-Fatih Zainelabidine (5) Syrian Arab Republic Governor: H.E. Dr. Dr. Kenan Yaghi(6)
Deputy Gov.: H.E. Dr. Hazem Younes Qarfoul
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Member Countries Governors and Deputy Governors Federal Republic of
Somalia Governor: H.E. Abdirahman Duale Beyle
Deputy Gov.: H.E. Abdirahman Mohamed Abdullahi Republic of Iraq Governor: H.E. Mustafa Ghaleb Makhaif(7)
Deputy Gov.: H.E. Dr. Salahuddin Hamid Juaatta Sultanate of Oman Governor: H.E. Sultan bin Salim Al Habsi(8)
Deputy Gov.: H.E. Tahir bin Salim bin Abdullah Al Amri State of Palestine Governor: H. E. Dr. Mohamed Mustafa
Deputy Gov.: H.E. Major General Talal Dwikat State of Qatar Governor: H.E. Ali Sherif Al Imaadi
Deputy Gov.: H.E. Sheikh Abdulla Bin Saoud Al Thani Union of Comoros Governor: H.E. Sayed Ali Sayed Sheikhan
Deputy Gov.: H.E. Younoussa Imani
State of Kuwait Governor: H.E. Khalifa Mosaed Hamada (9)
Deputy Gov.: H.E. Dr. Mohammad Yousef Al Hashel Republic of Lebanon Governor: H.E. Riad Toufic Salame`
Deputy Gov.: H.E. Raed Charafeddine State of Libya Governor: H.E. Saddek Omar Elkaber
Deputy Gov.: Central Bank of Libya Arab Republic of Egypt Governor: H.E. Tarek Amer
Deputy Gov.: H.E. Dr. Mohamed Maait Kingdom of Morocco Governor: H.E. Mohamed Benchaaboun
Deputy Gov.: H.E. Abdellatif Jouahri Islamic Republic of
Mauritania Governor: H.E. Cheikh El Kebir Moulay Taher (10) Deputy Gov.: H.E. Boumediene Ould Taya`
Republic of Yemen Governor: H.E. Salim Saleh Bin Buriek Deputy Gov.: H.E. Ahmed Obeid Alfadli
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Arab Monetary Fund – Annual Report 2020
Arab Monetary Fund – Annual Report 2020
119
Organizational Structure
The Board of Governors
The Board of Governors consists of the Governor and deputy Governor appointed by each Member Country in the Fund, and the Board shall elect its chairman from among its members on a rotational basis. The Board of Governors is considered the General Assembly of the Fund and has all the administration authorities. The Board of Governors of the Fund meets annually, in the first half of each year, in or outside the headquarters country. The following table shows the composition of the Board of Governors of the Fund, as on 31st December 2020:
Member Countries Governors and Deputy Governors Hashemite Kingdom of
Jordan
Governor: H.E. Dr. Ziad Fariz
Deputy Gov.: H.E. Dr Mohammad Mahmoud Al Ississ
United Arab Emirates Governor: H.E. Obeid Humaid Al-Tayer
Deputy Gov.: H.E.Abdul Hamid Mohammed Saeed Al Ahmadi(1)
Kingdom of Bahrain Governor: H.E. Sheikh Salman Bin Khalifa Al Khalifa Deputy Gov.: H.E. Rashid Mohammed Al Mearaj
Republic of Tunisia Governor: H.E. Dr. Marouane El Abassi Deputy Gov.: H.E. Mourad Abdesslem People’s Democratic
Republic of Algeria
Governor: H.E. Ayman Ben Abderahmane (2) Deputy Gov.: H.E. Rosthom Fadli (3)
Republic of Djibouti Governor: H.E Abdul Karim Adam Shir Deputy Gov.: H.E Ahmed Osman Ali Kingdom of Saudi
Arabia
Governor: H.E. Mohammed Bin Abdullah Al-Jadaan Deputy Gov.: H.E. Dr. Ahmed Bin Abdulkarim Al Kholifey
Republic of the Sudan Governor: H.E. Dr. Heba Mohammed Ali (4)
Deputy Gov.: H.E. Mohamed al-Fatih Zainelabidine (5) Syrian Arab Republic Governor: H.E. Dr. Dr. Kenan Yaghi(6)
Deputy Gov.: H.E. Dr. Hazem Younes Qarfoul
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Member Countries Governors and Deputy Governors Federal Republic of
Somalia Governor: H.E. Abdirahman Duale Beyle
Deputy Gov.: H.E. Abdirahman Mohamed Abdullahi Republic of Iraq Governor: H.E. Mustafa Ghaleb Makhaif(7)
Deputy Gov.: H.E. Dr. Salahuddin Hamid Juaatta Sultanate of Oman Governor: H.E. Sultan bin Salim Al Habsi(8)
Deputy Gov.: H.E. Tahir bin Salim bin Abdullah Al Amri State of Palestine Governor: H. E. Dr. Mohamed Mustafa
Deputy Gov.: H.E. Major General Talal Dwikat State of Qatar Governor: H.E. Ali Sherif Al Imaadi
Deputy Gov.: H.E. Sheikh Abdulla Bin Saoud Al Thani Union of Comoros Governor: H.E. Sayed Ali Sayed Sheikhan
Deputy Gov.: H.E. Younoussa Imani
State of Kuwait Governor: H.E. Khalifa Mosaed Hamada (9)
Deputy Gov.: H.E. Dr. Mohammad Yousef Al Hashel Republic of Lebanon Governor: H.E. Riad Toufic Salame`
Deputy Gov.: H.E. Raed Charafeddine State of Libya Governor: H.E. Saddek Omar Elkaber
Deputy Gov.: Central Bank of Libya Arab Republic of Egypt Governor: H.E. Tarek Amer
Deputy Gov.: H.E. Dr. Mohamed Maait Kingdom of Morocco Governor: H.E. Mohamed Benchaaboun
Deputy Gov.: H.E. Abdellatif Jouahri Islamic Republic of
Mauritania Governor: H.E. Cheikh El Kebir Moulay Taher (10) Deputy Gov.: H.E. Boumediene Ould Taya`
Republic of Yemen Governor: H.E. Salim Saleh Bin Buriek Deputy Gov.: H.E. Ahmed Obeid Alfadli
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Arab Monetary Fund – Annual Report 2020
Arab Monetary Fund – Annual Report 2020
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(1) Replacing H.E Mubarak Rashid Al-Mansouri, as of April 2020.
(2) Replacing H.E. Abdul Rahman Rawia (January-June), who replaced H.E. Mohamed Local, as of June 2020.
(3) Replacing H.E. Ayman bin Abdulrahman, as of September 2020.
(4) Replacing H.E. Dr. Ibrahim Ahmed Al-Badawi, as of July 2020.
(5) Replacing H.E. Dr. Badr Eddin Abdel Rahim Ibrahim, as of March 2020.
(6) Replacing H.E. Dr. Mamoun Hamdan, as of August 2020.
(7) Replacing H.E. Dr. Ali Mohsin Ismail, as of September 2020.
(8) Replacing H.E. Darwish bin Ismail Al Balushi, as of August 2020.
(9) Replacing H.E. Barak Ali Chitan, as of Dec. 2020, who replaced H.E. Mariam Al-Aqeel, as of (Feb. – Dec) 2020.
(10) Replacing H.E. Abdel Aziz Ould Dahi as of Feb. 2020.
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The Director General and Executive Management Departments
The Board of Executive Directors is composed of the Director General of the Fund as Chairman and eight non-resident members elected by the Board of Governors for a renewable term of three years. The Board is entrusted with the oversight of the Fund’s activities and renders advice when deemed necessary. The following table shows the composition of the Board of Executive Directors for 2016-2019, as at the end of December 2020.
Executive Directors Country/Countries represented Voting power (percent) H.E. Dr Abdurrahman bin Abdullah Al-Humaidi Director-general Chairman of theBoard of Executive Directors - H. E. Hussein Bin Shuwish Al Shuwish Kingdom of Saudi Arabia 13.96 H. E. H.E. Ali Bouharaoua(1) People’s Democratic Republic of
Algeria 12.27
H. E. Mazen Sabbah Ahmad Republic of Iraq 12.27
H.E. Jamal Mohamad Nagm (Egypt) Arab Republic of Egypt
*19.65 Republic of Yemen
Republic of Sudan
Federal Republic of Somalia Republic of Djibouti The Republic of Comoros
H.E. Younis Haji Al Khoori (UAE) State of Kuwait 15.13
United Arab Emirates H.E. Naji Mohamad Issa (Libya) Kingdom of Morocco
12.87 State of Libya
Republic of Tunisia
Islamic Republic of Mauritania H.E. H.E. Dr. Qais bin Issa Alyahyai (Oman) (2) State of Qatar
Kingdom of Bahrain 6.77
Sultanate of Oman H.E. Raed Charafeddine (Lebanon) (5) Syrian Arab Republic
7.07 Hashemite Kingdom of Jordan
Republic of Lebanon State of Palestine
*The above voting power is affected by the temporary suspension of the voting power of Somalia.
(1)Replacing H.E. Abdelhak Bedjaoui as of November 2020.
(2) Replacing Mohamad Jawad Bin Hasan Suleiman, as of August 2020.
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Arab Monetary Fund – Annual Report 2020
Arab Monetary Fund – Annual Report 2020
121
(1) Replacing H.E Mubarak Rashid Al-Mansouri, as of April 2020.
(2) Replacing H.E. Abdul Rahman Rawia (January-June), who replaced H.E. Mohamed Local, as of June 2020.
(3) Replacing H.E. Ayman bin Abdulrahman, as of September 2020.
(4) Replacing H.E. Dr. Ibrahim Ahmed Al-Badawi, as of July 2020.
(5) Replacing H.E. Dr. Badr Eddin Abdel Rahim Ibrahim, as of March 2020.
(6) Replacing H.E. Dr. Mamoun Hamdan, as of August 2020.
(7) Replacing H.E. Dr. Ali Mohsin Ismail, as of September 2020.
(8) Replacing H.E. Darwish bin Ismail Al Balushi, as of August 2020.
(9) Replacing H.E. Barak Ali Chitan, as of Dec. 2020, who replaced H.E. Mariam Al-Aqeel, as of (Feb. – Dec) 2020.
(10) Replacing H.E. Abdel Aziz Ould Dahi as of Feb. 2020.
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The Director General and Executive Management Departments
The Board of Executive Directors is composed of the Director General of the Fund as Chairman and eight non-resident members elected by the Board of Governors for a renewable term of three years. The Board is entrusted with the oversight of the Fund’s activities and renders advice when deemed necessary. The following table shows the composition of the Board of Executive Directors for 2016-2019, as at the end of December 2020.
Executive Directors Country/Countries represented Voting power (percent) H.E. Dr Abdurrahman bin Abdullah Al-Humaidi Director-general Chairman of theBoard of Executive Directors - H. E. Hussein Bin Shuwish Al Shuwish Kingdom of Saudi Arabia 13.96 H. E. H.E. Ali Bouharaoua(1) People’s Democratic Republic of
Algeria 12.27
H. E. Mazen Sabbah Ahmad Republic of Iraq 12.27
H.E. Jamal Mohamad Nagm (Egypt) Arab Republic of Egypt
*19.65 Republic of Yemen
Republic of Sudan
Federal Republic of Somalia Republic of Djibouti The Republic of Comoros
H.E. Younis Haji Al Khoori (UAE) State of Kuwait 15.13
United Arab Emirates H.E. Naji Mohamad Issa (Libya) Kingdom of Morocco
12.87 State of Libya
Republic of Tunisia
Islamic Republic of Mauritania H.E. H.E. Dr. Qais bin Issa Alyahyai (Oman) (2) State of Qatar
Kingdom of Bahrain 6.77
Sultanate of Oman H.E. Raed Charafeddine (Lebanon) (5) Syrian Arab Republic
7.07 Hashemite Kingdom of Jordan
Republic of Lebanon State of Palestine
*The above voting power is affected by the temporary suspension of the voting power of Somalia.
(1)Replacing H.E. Abdelhak Bedjaoui as of November 2020.
(2) Replacing Mohamad Jawad Bin Hasan Suleiman, as of August 2020.
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Arab Monetary Fund – Annual Report 2020
Arab Monetary Fund – Annual Report 2020
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