Jammaz Al-Suhaimi Explained

Jammaz bin Abdullah Al-Suhaimi
Birth Name:Jammaz bin Abdullah Al-Suhaimi
Native Name:جماز عبدالله السحيمي
Native Name Lang:ar
Birth Date:1945
Birth Place:Al-Quway'iyah, Riyadh, Saudi Arabia
Death Date:28 November
Death Place:Riyadh, Saudi Arabia
Nationality:Saudi Arabian
Children:Sarah Al-Suhaimi

Jammaz bin Abdullah Al-Suhaimi (1945 - 28 November 2017) was a Saudi businessman and former chairman of the Capital Markets Authority of Saudi Arabia.[1] His obituary in Euromoney described him as "a hugely influential and visionary figure in the development of the Saudi financial markets".[1]

Early life and education

Born in 1945 in Al-Quway'iyah, Riyadh. Jammaz Al-Suhaimi attended the King Saud University, where he earned a bachelor's degree in electrical engineering. He also received a bachelor's degree in electrical engineering from the University of Washington in Seattle.[2]

Career

Al-Suhaimi joined the Saudi Arabian Monetary Authority (SAMA) in 1984 as director-general for banking control, to become deputy governor of SAMA from 1989 to 2004.[3]

In July 2004 he was appointed as the first secretary general of the Capital Markets Authority of Saudi Arabia (CMA).[4] He served in the position until May 13, 2006, when he was replaced by Abdulrahman al-Tuwaijri.[5]

Al-Suhaimi was the chairman of the Gulf International Bank from May 2008 until his death in November 2017.[6] He was on the boards of directors of several organizations, such as the General Petroleum and Minerals Organization and the Saudi Arabian General Investment Authority.

Sarah Al-Suhaimi, his daughter, is the first Saudi woman to chair the Saudi Arabian stock exchange (Tadawul).[7]

Notes and References

  1. Web site: Obituary: H.E. Jammaz bin Abdullah Al-Suhaimi . . 29 November 2017 . 1 December 2017.
  2. Web site: Annual Report 2011 . Gulf International Bank. 2011 . 18 February 2020.
  3. Web site: SAMA man tipped for SEC regulator's chair . MEED . November 20, 2003 . 18 February 2020.
  4. Book: Ramady, Mohamed A. . The Saudi Arabian Economy: Policies, Achievements, and Challenges . 5 September 2010 . 150 . Springer . 9781441959874 . 18 February 2020.
  5. Book: The Report: Emerging Saudi Arabia . Oxford Business Group . 2007 . 60 . Oxford Business . 9781902339665 . 18 February 2020.
  6. Web site: A Unique and Enduring Legacy - His Excellency Jammaz bin Abdullah Al-Suhaimi . . 18 February 2020.
  7. News: Sarah Al Suhaimi to Become the First Woman to Head Saudi Arabia's Stock Exchange. 2017-02-16. Bloomberg. 18 February 2020.