Team Blitz India
WASHINGTON: The members of the International Monetary and Financial Committee (IMFC), the policy advisory body of the Board of Governors of the International Monetary Fund (IMF), have appointed Mohammed Aljadaan, Saudi Arabia’s Minister of Finance, as the Chair of the committee for a three-year term, commencing on January 4, 2024. Aljadaan will succeed Nadia Calviño, Spain’s First VicePresident and Minister for Economic Affairs and Digital Transformation.
Previously, Aljadaan served as the Chair of the G20 Finance Track during the Saudi G20 presidency in 20220, a year marked by unprecedented global challenges. Before assuming his ministerial role in November 2016, Aljadaan held the position of Chair of the Board of the Capital Market Authority of Saudi Arabia.
The IMFC, consisting of finance ministers and central bank governors, stands as the primary policy advisory body of the Board of Governors of the International Monetary Fund (IMF). It engages in discussions on the principal policy issues confronting the IMF.
The committee comprises 24 members, mirroring the composition of the IMF Executive Board. Each member country or group of countries that elects an Executive Director also designates a member of the Committee.
