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Dr. Ahmed Mohamed Ali Al-Madani

President, Islamic Development Bank

Dr. Ahmad Mohamed Ali Al-Madani is the first President of the Islamic Development Bank (IsDB), a position he has held since 1975. Dr. Ali holds a B.A. degree in Commerce and a degree in Law from Cairo University, Egypt. He earned M.A. and Ph.D. degrees, both in Public Administration, from the University of Michigan, Ann Arbor and State University of New York (SUNY), Albany, USA, respectively in 1962 and 1967. Dr. Ali began his career in education and manpower development with his appointment as Director, Scientific and Islamic Institute, Aden, Yemen, during 1958-59. Subsequently, he returned to Saudi Arabia and was appointed as the Acting Rector of King Abdulaziz University (1967 to 1972). In 1972, he was selected to serve as Deputy Minister of Education and served his country for three years. Dr. Ali has overseen the expansion of the Islamic Development Bank’s activities in several areas including trade, insurance, the private sector, etc. and the setting up of the institutions such as the Islamic Research and Training Institute (IRTI), the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the Islamic Corporation for the Development of the Private Sector (ICD), and the International Islamic Trade Finance Corporation (ITFC).