Al-Jadaan replaces Assaf as finance minister

Mohammed Al-Jadaan, chairman of the board of the Capital Market Authority (CMA), is the new minister of finance. He replaces Ibrahim Al-Assaf, who has been relieved of his duty, according to the royal decree issued on Monday by Custodian of the Two Holy Mosques King Salman. Assaf has been appointed as Minister of State and Member of the Cabinet, the Saudi Press Agency reported.

The King, in a series of decrees, has appointed Muhammad Bin Abdullah Al-Qasim as chairman of the Saudi Red Crescent Authority, while Abdurahman Bin Muhammad Al-Ibrahim was relieved of his duty as governor of the Saline Water Conversion Corporation (SWCC). A royal decree was issued entrusting Ali Al-Hazemi to carry out the duty of SWCC governor.

Muhammad Al-Mishal, executive president of Saudi Food and Drug Authority (SFDA), has been relieved of his duty while Hisham Bin Saad Al-Jadhaie has been appointed as the authority’s executive director. Romaih Bin Muhammad Al-Romaih has been appointed chairman of the Public Transport Authority, replacing Abdul Aziz Al-Auhali. Al-Romaih will also be the acting president of the Saudi Railways Organization (SRO).

The King ordered the relieving of Abdul Aziz Al-Jasser, chairman of the General Authority of Meteorology and Environmental Protection, and has installed Khaleel Al-Thaqfi as the authority’s chairman. Minister of Health Tawfiq Al-Rabiah has been tasked to regulate the Consumer Protection Association.

The King also made some appointments at the helm of a number of universities. Accordingly, Hatem Al-Marzouqi is the new president of the Islamic University of Madinah and Abdul Aziz Al-Sirani is the president of Taibah University of Madinah while Awad Al-Asmari has been appointed as president of Shaqraa University.