Stephen Groff

Stephen P Groff is an economist and Governor of the National Development Fund of Saudi Arabia.

Groff was appointed as Governor of the National Development Fund (NDF) in February, 2019. He is responsible for establishing this new $130 billion development finance institution with the objective of supporting economic diversification and raising the level of performance of sectoral funds and development banks in Saudi Arabia.

He was previously ranking vice-president of the Asian Development Bank (ADB) in Manila, Philippines. At ADB he was responsible for operations in East Asia, Southeast Asia, and the Pacific, amounting to over $6 billion in new lending every year and a portfolio of $35 billion. Provided by Wikipedia