The Board of Directors of the Gulf Monetary Council, chaired by Dr. Mohammad bin Yousef Al-Hashel, Governor of the Central Bank of Kuwait and Chairman of the Board, has appointed Dr. Atef Saleh Alrashidi as Executive President of the Gulf Monetary Council, effective June 1, 2018.
The Gulf Monetary Council is a four-member organization (Bahrain, Kuwait, Qatar and Saudi Arabia) mandated to prepare the required infrastructure for establishing the Monetary Union.
Dr. Alrashidi, a Saudi national, holds a PhD in Economics from Oklahoma State University and two Master's degrees specializing in monetary policy and international trade.
Dr. Alrashidi has many years of experience at senior level, having worked previously for the Saudi Arabian Monetary Authority (SAMA) and the Gulf Monetary Council. He was a member of the Monetary Policy Committee at SAMA as well as the Financial Stability Committee and the Business Continuity and Risk Committee.
At the Gulf Monetary Council, Dr. Alrashidi was Head of the Economic Research and Statistics Unit and Secretary of the Board of Directors. Dr. Alrashidi has published several research papers and working documents.