Al-Arifi Named Governor of National Development Fund

Abdulaziz bin Abdulrahman bin Abdulaziz Al-Arifi has been appointed Governor of the National Development Fund (NDF) by a royal order issued on 12 February 2026. The order specifies that he holds the excellent rank.

Al-Arifi now serves as Governor of the NDF, effective February 2026. Alongside the governorship, he is listed as a Member of the Fund's Board of Directors, placing him at the head of both the fund's executive leadership and its board representation.

He brings extensive public-sector experience to the role. He previously served as Chief Executive Officer of the Shareek Program, Assistant Minister at the Ministry of Transport and Logistics Services, and Advisor at the General Secretariat of the Council of Ministers.

Why it matters

The National Development Fund plays a central role in supporting financing and development programs across the Kingdom. Its work touches sectors that affect residents, businesses, and the wider economy, making the leadership of the fund relevant to the broader community.

The appointment reflects continued efforts to strengthen the leadership of national financial and development institutions as part of the country's ongoing economic development goals.

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