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The Board of Governors of the Islamic Development Bank re-elected His Excellency Dr. Mohammed Al-Jasser as President of the Bank for a new five-year term during the annual meetings in Baku in 2026. This decision comes after his leadership since 2021, during which he launched a reform program that increased annual approvals from $6.8 billion to approximately $16 billion in 2025, and payments rose from $7.1 billion to $11 billion. His term also saw the launch of a ten-year strategic framework and targets to promote growth and sustainable development.
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