Dr. Hamed Merah appointed as CEO of the Saudi Center for Commercial Arbitration

Dr. Hamed Merah appointed as CEO of the Saudi Center for Commercial Arbitration

Published Date: 04/03/2018

H.E. Mr. Yaseen Bin Khalid Khayyat, Chairman of the Board of Directors of the Saudi Center for Commercial Arbitration (SCCA), announced the appointment of Dr. Hamed Hassan Merah as the Chief Executive Officer of the SCCA to take up his duties as of March 2018.

Dr. Hamed Merah is one of the Saudi young talents who has attained many achievements locally and internationally during his career. His professional experience includes working in Islamic banks, investment banks and insurance companies (Takaful). He also lead one of the most important international organizations specialized in the Islamic financial industry whose activity extends to more than 45 countries around the world.

Dr. Hamed was also a member in some advisory councils, scientific committees and societies and research centers, including:

  • Member in the International Monetary Fund (IMF)’s Interdepartmental Working Group on Islamic Finance

  • Member in the International Financial Reporting Standards (IFRS)’s Islamic Finance Consultative Group

  • Member in the Advisory Council on Islamic Finance of the Astana International Financial Centre (“AIFC”), Republic of Kazakhstan.

  • Former Secretary General and Member of the Board of Trustees of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI).

Dr. Merah holds a MSc and a PHD degree from the Higher Judicial Institute of Imam Muhammad bin Saud University in Riyadh. Besides, he also obtained some professional certificates in compliance, governance, capital markets and insurance.

In addition to his academic background and scientific research experience, Dr. Hamed gave a series of training courses, workshops and lectures. He conducted a number of training courses and workshops and hosted as a keynote speaker in a number of specialized Conferences and Seminars in more than 30 countries all around the world. Additionally, he is an author of two published books.

As part of his duties as CEO of SCCA, Dr. Merah works with the Board of Directors and its staff to achieve the strategic objectives of the SCCA to develop the Institutional ADR industry in the Kingdom in line with its Vision 2030 by reducing the cases filed to the judicial facilities and creating an attractive environment for local and foreign investment.