Islamic Development Bank elects Saudi nominee as new president
RIYADH, July 18 (Xinhua) -- The Islamic Development Bank (IsDB) said on Sunday that Saudi Arabia's nominee Muhammed Sulaiman Al Jasser has been elected as its new president for five years.
The election was confirmed by the IsDB Group General Secretariat, the IsDB said in a statement on its website.
The IsDB Board of Governors (BoG) adopted a resolution expressing profound gratitude and appreciation of Saudi Arabia for its continuous support to the bank since its inception, it said.