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Dr. Nasser Saidi is a Lebanese politician and economist who served as the Minister of Economy and Industry and the Vice Governor for the Lebanese central banks for several terms in the last decade of the 20th century. He is currently the Founder and President of Nasser Saidi & Associates.


Early career

Saidi started his career as a Professor, teaching Economics at the
University of Chicago The University of Chicago (UChicago, Chicago, U of C, or UChi) is a private research university in Chicago, Illinois. Its main campus is located in Chicago's Hyde Park neighborhood. The University of Chicago is consistently ranked among the b ...
(1977-1980) and after, at the University of Geneva in Switzerland (1980-1985). He then joined the International Center for Monetary and Banking studies as an Associate and Lecturer in Geneva, Switzerland. He then became President of an Economic Advisory company called N.Saidi in London, UK from 1985-1992. During this time he became a Director and Economic Adviser at the Private Bank and Trust (1990-1992). Between 1995-1998, Saidi became Chairman of Midclear, Lebanon's
central securities depository A central securities depository (CSD) is a specialized financial organization holding securities like shares, either in certificated or uncertificated ( dematerialized) form, allowing ownership to be easily transferred through a book entry rather t ...
and was the President of Beirut's Secondary Market in Lebanon. He acted as the Lead Negotiator of the EU-Lebanon Association Agreement from 1996-2000 and at the same time, held posts as President of the Commission for the Development of Banking Technology and IT (COBIT) and became the Minister of Economy & Trade (1998-2000) in Lebanon. He then went on to take the First Vice Governor position and Banque Du Liban between 1993-2003. He acted as the Chief Economist of the
Dubai International Financial Centre The Dubai International Financial Centre (DIFC) is a special economic zone in Dubai covering , established in 2004 as a financial hub for companies operating throughout the Middle East, Africa and South Asia (MEASA) markets. DIFC is regulated by ...
and was also the executive director of the Hawkamah Institute for Corporate Governance. Also, he is on the advisory board of OMFIF where he is involved in meetings regarding the financial and monetary system. based in the Dubai International Financial Centre in
Dubai Dubai (, ; ar, دبي, translit=Dubayy, , ) is the most populous city in the United Arab Emirates (UAE) and the capital of the Emirate of Dubai, the most populated of the 7 emirates of the United Arab Emirates.The Government and Politics of ...
. In these capacities he conceived and developed the role of the Chief Economist of the DIFC providing strategy & advice to the DIFC and Dubai Government; acted as spokesperson & developed a series of broadly disseminated publications, and promoted the DIFC internationally. He established and developed the external relations of the DIFC with international financial institutions (IMF, OECD, IFC, World Bank, MIGA) and international financial centres. Saidi designed and set-up DIFCSTAT, a secure, interactive, on-line, web-based, registration, reporting and statistical system for DIFC entities. As founder and Executive Director of Hawkamah Institute for Corporate Governance, he developed the regional institute to bridge the corporate governance gap through advisory services, research and advocacy. In December 2012, Saidi became the Deputy Chairman of Eureeca. Saidi is a member of the IMF’s Regional Advisory Group for MENA and Co-Chair of the Organisation of Economic Cooperation and Development’s (OECD) MENA Corporate Governance Working Group. He is a member of the Private Sector Advisory Group of the Global Corporate Governance Forum, an institution of the
World Bank The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the Interna ...
driving global corporate governance reforms. He is also Chair of the regional Clean Energy Business Council, promoting clean energy solutions and policies in the MENA countries. He became an Accomplished Executive for Boardroom Metrics Arabia, which is a platform hub, specializing in talent and cross-referrals for independent consulting. In 2012, he was named among the 50 most influential Arabs in the World by The Middle East magazine, for the fourth consecutive year. He is a former
Minister of Economy A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation. A finance minister's portfolio has a large variety of names around the world, such as "treasury", ...
and Trade and Minister of Industry of Lebanon (1998–2000). He was the First Vice-Governor of the
Central Bank of Lebanon Banque du Liban (BdL, ar, مصرف لبنان, English: Bank of Lebanon) is the central bank of Lebanon. It was established on August 1, 1963, and became fully operational on April 1, 1964. It is currently headed by Riad Salameh. One of the ma ...
for two successive mandates, 1993–1998 and 1998–2003. He is co-chair with the OECD of the
MENA MENA, an acronym in the English language, refers to a grouping of countries situated in and around the Middle East and North Africa. It is also known as WANA, SWANA, or NAWA, which alternatively refers to the Middle East as Western Asia (or a ...
Corporate Governance Working Group and established the Lebanon Corporate Governance Task Force. He was a Member of the UN Committee for Development Policy(UNCDP) for two mandates over the period 2000–2006, appointed as a member in his personal capacity by former UN Secretary General
Kofi Annan Kofi Atta Annan (; 8 April 193818 August 2018) was a Ghanaian diplomat who served as the seventh secretary-general of the United Nations from 1997 to 2006. Annan and the UN were the co-recipients of the 2001 Nobel Peace Prize. He was the founder ...
. He has written a number of books and numerous publications addressing macroeconomic, capital market development and international economic issues in Lebanon and the Middle East region.


Publications

* “Corporate Governance in the MENA countries: Improving Transparency & Disclosure” * “Weekly Economic Commentary”


References


External links

* http://nassersaidi.com/2012/09/09/mena-economic-associates-weekly-economic-commentary-september-9th-2012/ * http://eureeca.com/Default.aspx * http://www.hawkamah.org/ * https://web.archive.org/web/20130908234715/http://www.boardroommetrics.com/boardroom-metrics-arabia * http://www.boardroommetrics.com/ {{DEFAULTSORT:Saidi, Nasser Year of birth missing (living people) Living people University of Chicago faculty Government ministers of Lebanon