H.E. Fahad bin Abdullah Almubarak holds a Bachelor’s degree in Civil Engineering, a Master’s degree in Industrial Engineering, a Master’s degree in Accounting and Taxation, and a Master’s degree in Business Administration (MBA). He also received a Doctorate of Business Administration in Operation and Production from the University of Houston, USA.
Almubarak has held several positions, including General Manager of Rana Investment Company, from 1992 to 1999. Between 2003 and 2011, he served as Chairman of the Saudi Stock Exchange Tadawul. He was then appointed Governor of Saudi Arabian Monetary Authority (SAMA) (currently, the Saudi Central Bank), from 2011 to 2016. He also served as Saudi Arabia’s G20 Sherpa and Minister of State and Member of the Saudi Arabian Council of Ministers, from December 2018 to January 2021. The Royal Decree to appoint His Excellency Fahad Almubarak as Governor of the Saudi Central Bank was issued in 2021.
Almubarak has served in many capacities and held many memberships, including: Member of the Shura Council from 1999 to 2005, and Managing Director of Morgan Stanley Saudi Arabia, from 2005 to 2011. He was also a member of the Board of Directors of SABIC, Board of Directors of the National Industrialization Company (Tasnee). He has also served previously as Board of Directors of the Saudi Telecom Company and Mobily, and Board of Directors of Saudi Hollandi Bank.