Faisal Al-Sharif, director general of the Saudi Financial Sector Development Program

Faisal Al-Sharif
Updated 05 May 2019
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Faisal Al-Sharif, director general of the Saudi Financial Sector Development Program

Faisal Al-Sharif is the director general of the Financial Sector Development Program (FSDP), one of the 13 executive programs launched by the Council of Economic and Development Affairs (CEDA) to achieve the objectives of Saudi Arabia’s Vision 2030. 

As director general, Al-Sharif plays a key role in the creation of a diversified and effective financial sector to support the development of the Kingdom’s national economy.

He holds a bachelor’s degree in financial management from Long Beach State University in California, US. Al-Sharif is an ACI certificate holder, which a globally recognized certificate that attests to the holder’s mastery of the fundamental instruments and structures of a modern treasury.

Before joining the FSDP, Al-Sharif worked at Deutsche Bank. He began his career in the bank as vice president of the Financing and Solutions Group (FSG) and went on to become head of Derivate Solutions.

During his tenure at Deutsche Bank, Al-Sharif was responsible for the bank’s structuring and hedging solutions offerings in Saudi Arabia. It was a key part of the bank’s initiative to expand footprint in the Middle East and North Africa for the FSG derivatives offering. Prior to Deutsche Bank, Al-Sharif also worked at MassMutual Financial Group in California and later Saudi British Bank.

Recently, he addressed the Financial Sector Conference in Riyadh. Thousands of delegates, including ministers from the finance, economy and strategic ministries, as well as leading policymakers from capital markets and the investment and insurance industries attended the event.

During one of the sessions, Al-Sharif spoke about the impact of government-driven savings programs in various emerging markets. He also highlighted the impact of new initiatives taken to encourage savings in Saudi Arabia.


Saudi Ministry: Improved pilgrim services have had positive impact

The program produced more than 40 initiatives concerned with pilgrims’ services during their stay in Saudi Arabia. (SPA)
Updated 10 min 21 sec ago
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Saudi Ministry: Improved pilgrim services have had positive impact

  • French Consul General Mustapha Mihraj said that King Salman’s government had exerted vigorous efforts to facilitate Hajj and Umrah rituals for pilgrims

MAKKAH: Bassam Ghulman, deputy minister for transportation affairs at the Ministry of Hajj and Umrah, said that the Cabinet’s decision to improve pilgrims’ services has created a positive impact, and served as a starting point for promoting the goals of Saudi Vision 2030.
This came during the signing ceremony of 19 partnerships with public, non-profit and private sector bodies, signed by the governing council of the Tawafa Organization for Pilgrims from Turkey, Europe, America and Australia on Thursday in Jeddah. The ceremony was attended by representatives from the US, UK, France and Turkey.
The organization’s chairman, Tariq Ankawi, noted that all partnerships fell within the “2019 Initiatives,” a program by the organization inspired by Saudi Vision 2030, which aims to “promote local content, create partnerships and improve the Hajj experience.” The program produced more than 40 initiatives concerned with pilgrims’ services and their needs during their stay in the Kingdom. 
French Consul General Mustapha Mihraj said that King Salman’s government had exerted vigorous efforts to facilitate Hajj and Umrah rituals for pilgrims.