President, Islamic Development Bank Group
Dr. Bandar Hajjar is the President of Islamic Development Bank Group since October 2016. Before assuming his role as the President of Islamic Development Bank Group, Dr. Hajjar served as Minister of Hajj from 2011-2016. During his term, he introduced several initiatives aimed at making the Hajj journey an easier, more enjoyable and lasting experience in the mind of the Hajji and visitor.
Dr. Hajjar holds a Ph.D. in Economics from Loughborough University, United Kingdom. His thesis, Financing Small Enterprises in the Kingdom of Saudi Arabia, argued that Islamic financing is appropriate for small enterprises, which often lack collateral, administrative, and marketing expertise.
Dr. Hajjar started his career as an academic and held several academic and administrative positions including Deputy Dean of the College of Economy and Administration; Deputy Director of the Islamic Economics Research Centerat King Saud University in Riyadh. Dr. Hajjar served as a member of the Shoura Council for three (four years) terms startingfrom 1998.During his term at the Shoura Council, Dr. Hajjar chaired its Committee on Foreign Affairs for one year. He was a member of the Council's Committee on Economic Affairs and Energy and the Committee on Social Affairs and Youth.