Saudi Press

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Sunday, Jul 13, 2025

Riyadh, Saudi Arabia: The Saudi Arabian government has appointed Shaima Ragaban as the Alternate Executive Director at the African Development Bank Group (AfDB) and the African Development Fund

Riyadh, Saudi Arabia: The Saudi Arabian government has appointed Shaima Ragaban as the Alternate Executive Director at the African Development Bank Group (AfDB) and the African Development Fund

This appointment makes Ragaban the first Saudi woman to hold this position.
Ragaban is an experienced financial expert and accountant with over nine years of experience in infrastructure financing, financial accounting, tax accounting, and international affairs.

She served as the Head of the International Financial Institutions Department at the Saudi Ministry of Finance since August 2021.

Ragaban also held the position of Senior Policy Advisor to the G20 Infrastructure Working Group in the finance track under the G20 Saudi Presidency, where she worked with her G20 counterparts, multilateral development banks, and international institutions to develop policy recommendations and priorities.

The African Development Bank Group is a multilateral development financing institution established to contribute to economic development and social progress in African countries.

It aims to combat poverty and improve living conditions on the continent by encouraging the investment of public and private capital in projects and programs that are likely to contribute to the economic and social development of the region.

Ragaban's appointment is a significant achievement for Saudi Arabia and for women in the region.

It highlights the importance of promoting gender equality and diversity in the workplace, and demonstrates the kingdom's commitment to developing its human capital and contributing to global development efforts.

The appointment of Shaima Ragaban as Saudi Arabia's Alternate Executive Director at the African Development Bank Group is a significant achievement for both the country and the region.

It highlights the importance of promoting gender equality and diversity in the workplace, and demonstrates the kingdom's commitment to developing its human capital and contributing to global development efforts.
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