Ibrahim Abdulaziz Al-Assaf

Ibrahim Abdulaziz Al-Assaf
Minister of Finance
Incumbent
Assumed office 1996
Preceded by	Abdul Aziz Abdullah Al-Khuwaiter
Personal details
Born	28 January 1949 (1949-01-28) (age 62) Ayoun Al-Jawa, Qassim
Nationality	Saudi
Alma mater	King Saud University University of Denver Colorado State University
Religion	Islam

Dr. Ibrahim bin Abdulaziz bin Abdullah Al-Assaf^[1] (Arabic: إبراهيم بن عبد العزيز بن عبد الله العساف‎; born January 28, 1949) is the current Finance Minister of Saudi Arabia.

Biography

Dr. Ibrahim was born in the Qassim Province in central Saudi Arabia. He received his Bachelor of Arts in Economic and Political Science from King Saud University, Riyadh in 1971. He later obtained a Master of Arts in Economics from the University of Denver in 1976 and a Ph.D in Economics from Colorado State University in 1982.

He is married with four children.

He initially pursued a teaching career, becoming a teaching assistant and then visiting lecturer at King Abdulaziz Military Academy from 1971 to 1983. He was appointed an assistant professor and head of the Department of Administrative Services in 1982, and served until 1986. During that period, he also served as economic adviser to the Saudi Fund for Development.

Career

After leaving academia, Dr. Ibrahim moved to Washington, DC where he represented Saudi Arabia in the IMF and World Bank. In 1986, he was appointed Alternate Executive Director at the International Monetary Fund for Saudi Arabia. He left in 1989 to take up the executive directorship for Saudi Arabia at the World Bank.

Upon his return to Saudi Arabia in 1995, he served briefly as vice governor of the Saudi Arabian Monetary Agency, the country's central bank. He left to join the Council of Ministers as Minister of State in October 1995. In January 1996, he was appointed Minister of Finance and National Economy, a position that was renamed Minister of Finance in 2003.

In addition to being finance minister, Dr. Ibrahim is a member of the board of directors of Saudi Aramco, the state-owned national oil company, chairman of the Saudi Fund for Development and member of the Public Investment Fund board.

Notes

1. ^ "Biographies of Ministers". Royal Embassy of Saudi Arabia, Washington, DC. http://www.saudiembassy.net/about/Biographies-of-Ministers.aspx. Retrieved June 26, 2010. 

References

• "Doctor Ibrahim Abdul Aziz Al Assaf", Saudi-US Relations Information Service
• "Biography of the Minister", Ministry of Finance, Kingdom of Saudi Arabia

Persondata
Name	Al-Assaf, Ibrahim Abdulaziz
Alternative names
Short description	Finance Minister of Saudi Arabia
Date of birth	January 28, 1949
Place of birth	Ayoun Al-Jawa, Qassim, Saudi Arabia
Date of death
Place of death