Saudi Arabia’s Ministry of Finance has appointed Fahad Al-Saif as the head of its Debt Management Office (DMO) and the finance minister’s adviser.

 

Al Saif, was seconded by HSBC Saudi Arabia and The Saudi British Bank (SABB) in May 2016 to the finance ministry.

 

He also oversaw the Kingdom’s $17.5 billion sovereign bond sale last October.

 

Al-Saif had earlier served as the head of debt capital markets, head of trading and investment and risks advisory in the treasury department and general manager of global banking and markets at SABB.

 

Prior to this appointment, Al-Saif was the director of investment banking finance HSBC.

 

In September 2013, Al-Saif joined the Advisory Committee at the Saudi Capital Market Authority (CMA). 

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