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biographies

Saad A. Andary
Second Vice Governor

Saad A. Andary

SAAD A. ANDARY
Second Vice-Governor, Banque du Liban

Biographical Information

August 2011

 

SAAD ANDARY was appointed as the Second Vice-Governor of the Banque du Liban, on April 1, 2009. He is a member of the Bank's Central Council, and of the Open Markets Committee. He Chairs the joint BDL-BCC Financial Stability Committee, and the Scientific, Technical, and Ethical Qualifications Committee. He is also "Membre du Conseil de Surveillance de l'ESA". He also oversees the following areas at BDL:

- Banks' Department
- Foreign Studies Department
- Services & Maintenance Department
- Training & Development Institute
- Financial Stability Unit

 

Mr. Andary held several senior executive positions in the financial sector including, Deputy General Manager (BBAC), General Manager (Kuwaiti Interests for Financial Investments), and Head of Treasury (Arab Bank, Lebanon). He Chaired the Association of Banks' Human Resources Committee, and was until his recent appointment member of the Board of Directors of Capital Insurance & Re-Insurance. In the Academic field he served for many years as the Director of the Institute of Money & Banking at A.U.B., and as Associate Professor at LAU Business School.


Mr. Andary served as Chairman of the International Chambers of Commerce’s Anti-Corruption Commission. He was instrumental in directing “Lebanon’s Young Entrepreneurship” initiative, which was recently launched by BDL with support from ESA and the civil society. This initiative started its activities by bringing together stakeholders and local and international backers to build economic capacity supported by the financial sector.

 

Mr. Andary holds a Ph.D. (Econ.) from the University of Aberdeen (U.K.); M.A. (Econ.) from Durham University (U.K.); and B.A. from A.U.B.