Mr. Sardor Umurzakov, Chairman of the Islamic Development Bank's (IsDB's) Board of Governors (BoG), has announced that based on the confirmation of the IsDB Group's General Secretariat, the BoG has adopted by circulation the resolution on the election of the candidate nominated by the Kingdom of Saudi Arabia, Dr. Muhammed Sulaiman Al Jasser, as the new IsDB President for 5 years.
The BoG also adopted a resolution expressing profound gratitude and appreciation to the custodian of the two Holy Mosques, King Salman bin Abdulaziz Al-Saud, and the government of the Kingdom of Saudi Arabia for the continuous support to IsDB since its inception.
The resolution also reflected recognition and appreciation of the BoG towards the excellent services provided by Dr. Bandar M. H. Hajjar to IsDB and IsDB Group entities since he was elected.
The BoG Committee of Procedures, under the chairmanship of Mr. Sardor Umurzakov, and with the participation of the honourable governors who are members of the Committee, had held a virtual meeting on Tuesday, 6 July 2021, to consider the candidacy of Dr. Al-Jasser for the position of IsDB presidency submitted by KSA to succeed Dr. Hajjar.
In that meeting, the Committee recommended the adoption of the draft resolution on the election of Dr. Al-Jasser as the new IsDB President for the next 5 years. It also recommended the adoption of another draft resolution on addressing a letter of appreciation and recognition to Dr. Hajjar. Both draft resolutions were presented to the BoG members for adoption by circulation.
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