Muhammed Al-Jasser

Dr. Muhammad bin Sulaiman Al-Jasser (Arabic: محمد سليمان الجاسر‎; born 1955) is a Saudi economist who is currently the chairman of the Islamic Development Bank (IsDB) group former advisor at the General Secretariat of the Council of Ministers of Saudi Arabia and chairman of the General Authority for Competition. He served as minister of economy and planning between 2011 and 2015. He also previously served as governor and board chairman of the Saudi Arabian Central Bank (SAMA) between 2009 and 2011. Prior to that, he served as executive director at the International Monetary Fund (IMF) between 1990 and 1995.

Early life and education Al Jasser was born in Buraidah in 1955. He studied economics at San Diego State University (BA in 1979), and the University of California, Riverside (MA in 1981 and PhD in 1986).

Career Al Jasser began his career at the Saudi finance ministry in 1981. He was named the executive director for Saudi Arabia at the International Monetary Fund (IMF) in 1988. His tenure lasted until 1995. He joined the Saudi Arabian Monetary Authority (SAMA) in 1995 as vice governor of SAMA and vice chairman of the SAMA board. He was also named as acting deputy minister of finance and national economy for budget and organization in 1995. He served as the director of the Saudi Arabian Mining Company until 2009.

Al Jasser became governor of SAMA in February 2009, replacing Hamad Al Sayari. He was also appointed the first chairman of the Gulf Monetary Council on 30 March 2010. The task of this organisation is to establish a united central bank and common currency for the Gulf Cooperation Council (GCC). Al Jasser's term as minister of economy and planning ended on 29 April 2015 when he was replaced by Adel Fakeih in the post.

Recognition and honors Al Jasser is described as a well-regarded technocrat by James Reeve, senior economist at Samba Financial Group in London.

Al Jasser is the recipient of the King Abdulaziz Medal of the First Order.