H.E. Jammaz bin Abdullah Al-Suhaimi, the first chairman of the Saudi Arabian Capital Markets Authority (CMA) and a hugely influential and visionary figure in the development of the Saudi financial markets, died in Riyadh on Tuesday.
Jammaz (as he was universally known) was an early and constant advocate of the need for good governance, institutional reform and the opening of the Kingdom to international capital. His long and distinguished career included senior positions at the Ministry of Finance, the Saudi Arabian Monetary Authority, as deputy governor for banking supervision, Saudi Sanabil and, until his death, at Bahrain’s Gulf International Bank.
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