Muhammed Al-Jasser
{{Use dmy dates|date=May 2015}}
{{Infobox officeholder
| name = Muhammad Al Jasser
| image = Al Jasser (cropped).jpg
| imagesize =
| office = Minister of Economy and Planning
| primeminister = King Abdullah
| predecessor = Khalid bin Mohammed Al Gosaibi
| successor = Adel Fakeih
| term_start = 13 December 2011
| term_end = 29 April 2015
| office2 = Governor of the Saudi Arabian Monetary Agency (SAMA)
| predecessor2 =Hamad Al Sayari
| successor2 =Fahad Al Mubarak
| term_start2 = 28 February 2009
| term_end2 = 13 December 2011
| birth_date = {{birth year and age|1955}}
| birth_place = Buraidah, Saudi Arabia
| death_date =
| death_place =
| party =
| residence =
| alma_mater = San Diego State University
University of California, Riverside
| spouse =
| nationality = Saudi Arabian
| children =
| website =
| footnotes =
}}
Muhammad 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.{{Cite web|title=Saudi Arabia approves new competition law|url=https://www.argaam.com/en/article/articledetail/id/597649|access-date=2021-06-22|website=ArgaamPlus|language=en}} He served as minister of economy and planning between 2011 and 2015.{{Cite web|title=A High-Level Conference by the IMF and the Ministry of Finance, Kuwait City, Kuwait|url=https://www.imf.org/external/np/seminars/eng/2014/mcd/|access-date=2021-06-22|website=www.imf.org}} He also previously served as governor and board chairman of the Saudi Arabian Central Bank (SAMA) between 2009 and 2011.{{Cite web|title=SAMA Historical Preview|url=https://www.sama.gov.sa/en-US/About/Pages/SAMAHistory.aspx}} Prior to that, he served as executive director at the International Monetary Fund (IMF) between 1990 and 1995.{{Cite news|date=2011-12-15|title=PROFILE-Saudi Economy and Planning Minister Muhammad al-Jasser|language=en|work=Reuters|url=https://www.reuters.com/article/saudi-econmin-idUSL6E7NF1WJ20111215|access-date=2021-06-22}}
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).{{cite web|title=Saudi Official to Speak at UCR|url=http://www.insideucr.ucr.edu/cgi-bin/display.cgi?id=2129|website=insideucr.ucr.edu/|publisher=UC Riverside|access-date=6 January 2015|archive-url=https://web.archive.org/web/20150110021154/http://www.insideucr.ucr.edu/cgi-bin/display.cgi?id=2129|archive-date=10 January 2015|url-status=dead}}
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 served in this post until 2009.{{cite web|url=http://www.arabbankers.org/shared/custompage/custompage.jsp?_event=view&_id=445506_U127360__8202|title=Arab Bankers Association of North America|publisher=Arab Bankers|date=12 October 2010|access-date=31 August 2012|url-status=dead|archive-url=https://web.archive.org/web/20120407045902/http://www.arabbankers.org/shared/custompage/custompage.jsp?_event=view&_id=445506_U127360__8202|archive-date=7 April 2012|df=dmy-all}}{{cite web|title=Profile-Saudi central bank Governor Muhammad al-Jasser|url=http://news.alibaba.com/article/detail/markets/100463290-1-profile-saudi-central-bank-governor-muhammad.html|publisher=Alibaba|access-date=31 August 2012|date=5 April 2011}} He was also named as acting deputy minister of finance and national economy for budget and organization in 1995.{{cite web|title=Dr. Muhammad Sulaiman Al-Jasser|url=http://50.kfupm.edu.sa/public/?page=Bio-DrMuhammadSulaimanAl-Jasser|publisher=KFUPM|access-date=31 August 2012|url-status=dead|archive-url=https://archive.today/20121225021603/http://50.kfupm.edu.sa/public/?page=Bio-DrMuhammadSulaimanAl-Jasser|archive-date=25 December 2012|df=dmy-all}} He served as the director of the Saudi Arabian Mining Company until 2009.{{cite news|title=Saudi Cabinet Reshuffle; Woman Deputy Minister Appointed|url=http://carnegieendowment.org/2009/02/18/saudi-cabinet-reshuffle-woman-deputy-minister-appointed/6cdk|archive-url=https://web.archive.org/web/20140108024712/http://carnegieendowment.org/2009/02/18/saudi-cabinet-reshuffle-woman-deputy-minister-appointed/6cdk|url-status=dead|archive-date=8 January 2014|access-date=2 March 2013|newspaper=Carnegie Endowment|date=18 February 2009}}
Al Jasser became governor of SAMA in February 2009, replacing Hamad Al Sayari.{{cite news|title=Saudi King makes minor cabinet reshuffle; no major shift in financial policy seen|url=http://english.alarabiya.net/articles/2011/12/14/182484.html|access-date=2 March 2013|newspaper=Al Arabiya|date=14 December 2011}}{{cite news|title=Saudi King reshuffles ministries|url=http://tvnz.co.nz/view/page/536641/2487882|access-date=14 March 2013|newspaper=TVNZ|date=15 March 2009}} He was also appointed the first chairman of the Gulf Monetary Council on 30 March 2010.{{cite news|title=GCC Monetary Council: Saudi Arabia Wants It All|url=http://www.alphadinar.com/2010/04/05/saudi-wants-it-all/|access-date=31 August 2012|newspaper=Alpha Dinar|date=5 April 2012}}{{cite news|title=Gulf Monetary Council Taps Chairman|url=https://www.wsj.com/articles/SB10001424052702304739104575153631509407328|access-date=31 August 2012|newspaper=The Wall Street Journal|date=30 March 2010|author=Mohammed Aly Sergie|author2=Maria Abi Habib|location=Riyadh}} The task of this organisation is to establish a united central bank and common currency for the Gulf Cooperation Council (GCC). He also chaired state-controlled Saudi Telecom, and is a member on the boards of various national and regional finance institutions including the Islamic Development Bank and Arab Monetary Fund. Al Jasser was appointed minister of economy and planning on 13 December 2011, replacing Khalid bin Mohammed Al Gosaibi, who had been in the post since 2003.{{cite news|title=Profile-Saudi Economy and Planning Minister Muhammad Al Jasser|url=https://www.reuters.com/article/saudi-econmin-idUSL6E7NF1WJ20111215|access-date=31 August 2012|work=Reuters|date=15 December 2011}}{{cite web|title=King Abdullah Appoints New Ministers|url=http://www.us-sabc.org/custom/news/details.cfm?id=1169|publisher=US-Saudi Arabian Business Council|access-date=1 September 2012|archive-url=https://web.archive.org/web/20131031210202/http://www.us-sabc.org/custom/news/details.cfm?id=1169|archive-date=31 October 2013|url-status=dead}}{{cite web|title=Saudi Cabinet reshuffle|url=http://www.saudinf.com/display_news.php?id=539|archive-url=https://archive.today/20130927073234/http://www.saudinf.com/display_news.php?id=539|url-status=usurped|archive-date=27 September 2013|work=SAMIRAD|access-date=27 September 2013|location=Riyadh|date=30 April 2003}} 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.{{cite news|title=King empowers next generation|url=http://www.arabnews.com/news/739466|access-date=4 June 2015|work=Arab News|date=29 April 2015}}
Recognition and honors
Al Jasser is described as a well-regarded technocrat by James Reeve, senior economist at Samba Financial Group in London.{{cite news|last=Carey|first=Glenn|title=Saudi Arabia's King Appoints New Economic Team Amid Record Spending Plans|url=https://www.bloomberg.com/news/2011-12-13/saudi-arabia-s-king-appoints-new-economic-team-amid-record-spending-plans.html|work=Bloomberg|access-date=1 September 2012|date=14 December 2011}}
Al Jasser is the recipient of the King Abdulaziz Medal of the First Order. In 2009, he was named by the Middle East as one of the 50 most influential Arabs in the world.{{cite news|title=The world's 50 most influential Arabs|url=http://www.thefreelibrary.com/The+world's+50+most+influential+Arabs%3A+it+is+no+easy+task+in+a+region...-a0201711301|access-date=14 August 2013|newspaper=The Middle East|date=1 May 2009}}
References
{{Reflist|colwidth=33em}}
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{{succession box
| before= Khalid bin Mohammed Al Gosaibi
| after = Adel Fakeih
| title=Minister of Economy and Planning
| years=2011-2015
}}
{{s-end}}
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{{DEFAULTSORT:Jasser, Muhammed Al}}
Category:21st-century Saudi Arabian politicians
Category:Economy ministers of Saudi Arabia
Category:Planning ministers of Saudi Arabia
Category:Governors of the Saudi Arabian Monetary Agency
Category:Leaders of organizations
Category:San Diego State University alumni