giovedì 9 luglio 2020
The Kingdom of Saudi Arabia nominates Mr Mohammad Maziad Al-Tuwaijri for post of WTO Director-General
On 8 July 2020, the Kingdom of Saudi Arabia nominated Mr Mohammad Maziad Al-Tuwaijri for the post of WTO Director-General to succeed the current Director-General, Mr Roberto Azevêdo, who has announced he will step down on 31 August 2020.
Video press Conference: https://www.wto.org/english/thewto_e/dg_e/dgsel20_e/dgsel20_e.htm
HE Mohammad M. Al-Tuwaijri was the Minister of Economy and Planning for Saudi Arabia from 2016 until 2020. His priorities as a Minister have been to foster the Saudi economy through a comprehensive economic reforms, policies, strategic planning and regulations to achieve the Kingdom’s diversification objectives including removing obstacles to productivity and competitiveness. He has focused on strengthening the integration of SMEs into the local and global economy; encouraging privatization and PPP; and enhancing regional and international cooperation with trading partners and relevant stakeholders based on best standards to promote trade, and leverage on best practices to achieve economic prosperity and sustainability.
While focusing on the realization of Saudi Vision 2030 and the National Transformation Program, he was keen to strengthen policy research and analysis that will better position the economy of the Kingdom to support the evolving trade and investment policy environment.
As a strong advocate to the UN SDGs (Sustainable Development Goals) and to economic growth and social development, he has spared no efforts to establishing the NDF (National Development Fund) which now have under its umbrella seven national funds. Namely, real estate development fund, Saudi industrial development fund, Saudi agricultural fund, Saudi fund for development, Saudi tourism fund, human resource development fund, and Social development fund.
From 2010-2016, he served as the Group Managing Director, Deputy Chairman and CEO of HSBC Bank Middle East and North Africa. He led as a regional chief Executive Officer with a coverage includes the following countries, Saudi Arabia, UAE, Kuwait, Bahrain, Qatar, Oman, Jordan, Egypt, Algeria, Morocco, Turkey, Iraq, and Pakistan. Ramallah. He dealt with more than 30 regulators including central banks, capital markets authorities, tax authorities and ministries of trade.
Prior to 2010, he was the Managing Director and CEO of J.P. Morgan Saudi Arabia. He established the bank operation bottom up, starting alone initially and ended up with one of the most profitable global entities in the kingdom with a reputable client base including almost all of the GREs and MNCs operating locally. He also led major capital market transaction like the mining company Ma’aden IPO and a major secondary offering of Saudi Mobily Co. a telecom operator owned by UAE Etisalat.
HE Al-Tuwaijri has a Bachelor’s degree from the King Faisal Air Academy, and an MBA from King Saud University.