Dr. Fahd Al-Shathri is the deputy governor of the Saudi Arabian Monetary Agency (SAMA). Saudi Arabia has been at the forefront of global efforts to combat money laundering and the financing of terror operations, which Al-Shathri is responsible for supervising, among other responsibilities.
Al-Shathri recently gave a speech at the 10th Compliance and Anti-Money Laundering Seminar in Riyadh, highlighting the efforts of the Kingdom in tackling financial crime.
He said: “The Kingdom has directed all financial institutions to abide by the policies that meet compliance standards, including reporting and uncovering financial crime.”
Al-Shathri earned his bachelor’s degree in accounting from King Saud University and his master’s degree in economics from KSU.
Prior to gaining his Ph.D. in public finance from Lehigh University, Al-Shathri worked as a columnist at Aleqtisadiah newspaper, where he touched on issues related to the Saudi economy and other members of the Gulf Cooperation Council (GCC).
Al-Shathri also served as an economic adviser in the Ministry of Finance from 2000 to 2011.
In 2009, Al-Shathri served as a board member at the Islamic Corporation for the Development of the Private Sector (ICD).
He then served as both adviser to the executive director of the International Monetary Fund, as well as executive director and IMF board member through 2016.
Prior to being appointed deputy governor of SAMA in 2018, Al-Shathri served as deputy governor for research and international affairs at SAMA, having been appointed in 2016.