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Islamic Development Bank elects new president to lead institution

21 July 2021:Islamic Development Bank elects new president to lead institution

The Islamic Development Bank (IsDB), a multilateral development finance institution focused on Islamic finance, has elected a new president to lead the institution.

Muhammed Sulaiman Al-Jasser, Saudi Arabia's former economy and planning minister, will now lead the financial institution for the next five years, according to a statement from the bank late Sunday.

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