HE Rasheed Mohammed
Governor – Central Bank of Bahrain
Mr. Al Maraj was appointed as Governor of the Central Bank of Bahrain (CBB), previously the Bahrain Monetary Agency (BMA), in January 2005. He was re-appointed on 2010, 2015 and most recently in 2020.
As Governor, Mr. Al Maraj carries ministerial ranking and is the chief executive of the CBB. The CBB is also the single regulator of Bahrain’s financial services industry.Mr. Al Maraj has a wealth of experience in finance, engineering and management and has served with the Government and the private sector.
His career highlights include senior positions with Government, having served as Assistant Under-Secretary at the then Finance and National Economy Ministry and Under-Secretary at the Ministry of Transportation.Prior to his appointment as CBB Governor, Mr. Al Maraj was General Manager and Chief Executive Officer of the Arab Petroleum Investments Corporation (Apicorp), which is based in Dammam, Saudi Arabia.
Currently, Mr. Al Maraj is Chairman of the boards of the Bahrain Institute of banking and Finance (BIBF) and Gulf Payments, and a member on the boards of the Economic Development Board (EDB), Real Estate Regulatory Authority (RERA), Social Health Insurance Fund Authority (SHIFA) and Gulf Monetary Council.
He previously served as Chairman of the Bahrain Telecommunications Company, a member of the Consultation Council of the Co-operation Council for the Arab States of the Gulf, the Telecommunications Regulatory Authority (TRA) and the National Oil and Gas Authority (NOGA).