With the help of Allah the Almighty,
We, Salman bin Abdulaziz Al-Saud,
the King of the Kingdom of Saudi Arabia,
after perusal of the Basic Law of Governance issued by Royal Order O/90 dated 27 Sha’ban 1412,
after perusal of the Law of Ministers, Vice Ministers, and Employees of the Excellent Grade issued by Royal Decree D/10 dated 18 Rabi Al-Awwal 1391,
after perusal of the Law of the Saudi Central Bank issued by Royal Decree D/36 dated 11 Rabi Al-Thani 1442,
after perusal of Royal Order O/325 dated 11 Jumada Al-Thani 1442,
and after perusal of Royal Order O/14 dated 3 Rabi Al-Awwal 1414,
we hereby order as follows
First: His Excellency Dr Fahad bin Abdullah bin Abdullatif Al-Mubarak, Governor of the Saudi Central Bank, is hereby relieved from his position.
Second: His Excellency Mr Ayman bin Mohammed bin Saud Al-Sayari is hereby appointed Governor of the Saudi Central Bank with the rank of minister.
Third: This order of Ours must be communicated to the competent entities for adoption and implementation.
Salman bin Abdulaziz Al-Saud
Issued on: 11/7/1444
Corresponding to: 2/2/2023
Published in Umm Al-Qura 4968 issued on 3 February 2023.