Dr. Abdulrahman Bin Abdullah Bin Abdulrahman Al-Hamidi was Sunday appointed as Deputy Governor of Saudi Arabian Monetary Agency (SAMA) at the excellent rank, a Royal Order said. The order instructed the authorities concerned to carry out the order with immediate effect, the Saudi Press Agency (SPA) said. The appointment should not lead to any policy changes at the central bank, analysts say. Al-Hamidi was previously SAMA's deputy governor for technical affairs, a job that allowed him to supervise the banking sector, insurance firms as well as research at the bank. His appointment as SAMA's second top man has been widely expected after ex-deputy governor Muhammad Al-Jasser was promoted in February to become SAMA's Governor. “There should not be any change as far as SAMA policies are concerned. It is the Governor (Jasser) who takes all the decisions at SAMA,” a treasurer at a local bank said on condition of anonymity. __
