By Royal Decree, H.E. Dr. Ziad Fariz was appointed as Governor of the Central Bank of Jordan on January 10th, 2012. Prior to that, Dr. Fariz held the position of Chairman of First Investment Group. Between August 2007 and February 2009, he held the position of Chairman of the Board of Capital Bank. Before that, he served as the Deputy Prime Minister and Minister of Finance during the period from November 28th, 2005 until September 2nd, 2007. Between 2001 and November 27th, 2005, Dr. Fariz was the Chief Executive Officer of the Arab Banking Corporation in Jordan. Prior to that, he served as Governor of the Central Bank of Jordan between 1996 and 2001. In 1995, H.E. worked on establishing Capital Bank and then became chairman of its board of directors. Prior to that, he served as a Minister of Planning and International Cooperation from June 20th, 1991 until June 8th, 1994. During the period December 6th 1989 until June 20th, 1991, he was appo inted as Minister for Industry and Trade. In 1984, H.E. was appointed General Secretary for the Ministry of Planning and International Cooperation until April 1989, when he was then appointed as a Minister until December 6th, 1989. H.E. started his professional career at the Central Bank in 1966 as an economic researcher in the external trade division of the research department. After completing his Ph.D. in 1978, he rejoined the Central Bank of Jordan as an economic consultant and then as an executive director for both the research and the investment and foreign operations departments. Dr. Fariz was born in the city of Salt, Jordan in 1943. He holds a Ph.D. in Economics from Keele University, U.K and a Bachelors degree from the University of Baghdad, Iraq. He is also a member of the Board of various educational, cultural and banking institutions