Mohammad Ahmed Safadi | |
---|---|
Minister of Finance | |
In office 13 June 2011 – February 2014 |
|
Prime Minister | Najib Mikati |
Preceded by | Raya Haffar Al Hassan |
Succeeded by | Ali Hassan Khalil |
Minister of Economy and Trade | |
In office 22 July 2008 – 13 June 2011 |
|
Preceded by | Sami Haddad |
Succeeded by | Nicholas Nahas |
Personal details | |
Born |
Tripoli, Lebanon |
28 March 1944
Nationality | Lebanese |
Political party | (formerly) March 14 alliance |
Alma mater | American University of Beirut |
Mohammad Ahmed Safadi (born 28 March 1944) is a Lebanese businessman, philanthropist, and politician. He was Lebanon's minister of finance between 2011 and 2014.
Safadi was born in Tripoli, Lebanon, on 28 March 1944 to Sunni family. His family are businesspeople, running their own firm in Tripoli.
He is a graduate of the American University of Beirut where he received a bachelor's degree in business administration in February 1968.
Safadi began his career in the private sector in Lebanon in 1969. In 1975 when the civil war broke out in Lebanon, he began to invest in Saudi Arabia. Therefore, he has many business investments in Saudi Arabia.
He expanded his business across the Arab world and into Europe in Saudi Arabia. He also worked as business manager in London for Prince Turki bin Nasser, a member of House of Saud. Safadi established Safadi Group Holding in Lebanon in the 1990s.
Safadi has been a member of the Lebanese parliament since 2000 as part of the Tripoli bloc. He served as the minister of public works and transport from 19 July 2005 to July 2008. Safadi also served as acting energy and water minister in 2007 and in 2008. Next, he was appointed minister of economy and trade on 11 July 2008 to the cabinet headed by Fouad Siniora. He was reelected member of parliament in the 2009 elections and he was on the list of the March 14 alliance. Safadi was appointed minister of economy and trade to the cabinet of Saad Hariri on 9 November 2009, and his tenure lasted until June 2011.