#1- Alhokair Tourism and Development Group has appointed Fahad Al-Obailan (LinkedIn)as its new CEO, succeeding Sami Alhokair, Argaam reports. Al-Obailan has a two-decade track record in tourism and retail with leadership roles at Al-Mosafer and Seera Group.

#2- Finance Minister Mohamed Al Jadaan appointed Riyadh bin Mohamed AlKhorayef as his deputy to IMF’s top policy advisory body, the International Monetary and Financial Committee (IMFC), a statement by the Finance Ministry read yesterday. AlKhorayef is the Finance Ministry’s under-secretary for international relations. The IMFC includes finance ministers and central bank governors from 24 countries, according to the IMF’s website.

In context: Saudi has assumed chairmanship of the IMFC.

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