Council news


13 Dec 2023
Turki Almutairi Appointed as President of Gulf Monetary Council

The Board of Directors decided to appoint His Excellency Mr. Turki Dhaifallah Almutairi as President of the Gulf Monetary Council (GMCo) effective December 1, 2023, corresponding to Jumada Al-Awwal 17, 1445, following His Excellency Dr. Atef Saleh Alrashidi.

On this occasion, Mr. Almutairi expressed his gratitude and appreciation to the Board of Directors for its precious trust to appoint him President of Gulf Monetary Council, looking forward to contributing in achieving Gulf Monetary Council objectives and tasks.

It is worth noting that His Excellency Mr. Almutairi, a Saudi citizen, has previously held several leadership positions, most notably the Deputy Governor for Research and International Affairs, Deputy Governor for Administrative Affairs at the Saudi Central Bank (SAMA), and the Alternate Executive Director for Saudi Arabia at the World Bank Group. His Excellency also worked as an Advisor to the Executive Director for Saudi Arabia at International Monetary Fund.