Anwar Ali (banker)
Anwar Ali | |
---|---|
Governor of the Saudi Arabian Monetary Agency | |
In office 11 October 1958 – 5 November 1974 | |
Succeeded by | Abdulaziz Al Quraishi |
Personal details | |
Born | 1913 |
Died | 5 November 1974 (aged 60–61) Washington D.C. |
Resting place | Medina, Saudi Arabia |
Anwar Ali (1913–5 November 1974) was a
Biography
Ali was born in 1913 in India into a Muslim family.[1][2] He settled in Pakistan and became a Pakistani national.[1] He received a master's degree in Lahore.[3] He served as the undersecretary in the Ministry of Finance in India, deputy undersecretary in the Ministry of Finance in Pakistan and director of the National Bank in Pakistan.[3]
Then Ali settled in the United States.[1] He joined the International Monetary Fund (IMF) in 1954.[4] Immediately after his employment he was named as the director of the Middle East department of the IMF.[5][3] In this capacity he involved in the preparation of the budget of the Saudi government.[6]
Ali left the IMF in 1958 and was appointed by Crown Prince and Prime Minister Faisal as the governor of the Saudi Arabian Monetary Agency on 11 October that year.[7][8] Ali developed annual report systems and established the investment department of the agency.[9][10] One of his deputies at the agency was Mohammed bin Faisal, a son of Crown Prince Faisal, from the late 1950s to August 1965.[11] Ali was appointed a member of the Supreme Council on Petroleum in March 1973 when it was established by King Faisal.[12] During the oil crisis the same year Ali reported that some senior Saudi princes did not support the oil embargo due to its potential harmful effects on Saudi Arabia.[13]
Ali was married and the father of two,
Ali's successor as governor of the Saudi Arabian Monetary Agency was Abdulaziz Al Quraishi, the first Saudi to head the agency.[1][14]
References
- ^ ISBN 978-3-319-55217-0.
- JSTOR 4323291.
- ^ a b c Thomas W. Shea (January–February 1969). "The Riyal. A Miracle In Money". Aramco World. Vol. 20, no. 1.
- ^ a b c d "Anwar Ali, Monetary Chief for Saudi Arabia, Dies at 61". The New York Times. Washington DC. 6 November 1974. Retrieved 14 March 2021.
- ^ a b c d "Mr Anwar Ali". The Times. No. 59238. 7 November 1974. p. 18. Retrieved 17 June 2023.
- ^ "Saudi Arabia's Economic Difficulties". The Times. No. 54134. Jeddah. 25 April 1958. Retrieved 17 June 2023.
- JSTOR 4323086.
- ^ Abdullah Hamad Al Salamah (April 1994). Employee Perceptions in Multinational Companies: A Case Study of the Saudi Arabian Basic Industries Corporation (PhD thesis). University of Durham.
- ^ "Pakistanis in the development of Saudi Arabia — a page in history". Saudi Gazette. 23 March 2018. Retrieved 14 March 2021.
- JSTOR 4324550.
- ProQuest 303295482.
- ProQuest 302841281.
- S2CID 259196372.
- ^ "SAMA History". Saudi Central Bank. Retrieved 14 March 2021.