Economic figures turn down offer to head Social Security Investment Fund

Home Business Economic figures turn down offer to head Social Security Investment Fund 02-08-2013 05:51 PM Ammon News - AMMONNEWS - Prime Minister Abdullah Ensour is on the search for an economic expert to head the Social Security Corporation's Investment Fund, after the cabinet decided to end the services of Henry Azzam, who headed the fund, on Tuesday. Official sources told Ammon News that several recognized economic figures turned down the offer, including Omar Malhas, who heads the Jordan Housing Bank. Sources noted that the monthly salary of the position of Director of the SSC Investment Fund reaches JD 3,500, in addition to over JD 3,000 in bonuses, whereas Malhas earned nearly JD 25,000 monthly in his position at the Housing Bank. Similarly, former Minister of Finance Sulaiman al-Hafez also turned down the position. Informed sources said that other economic figures, including Ziyad Dabbas from the Abu Dhabi Bank and Yasser al-Odwan, who previously headed the Investment Fund, are being considered for the position.

Home Business

Economic figures turn down offer to head Social Security Investment Fund

02-08-2013 05:51 PM

Ammon News - AMMONNEWS - Prime Minister Abdullah Ensour is on the search for an economic expert to head the Social Security Corporation's Investment Fund, after the cabinet decided to end the services of Henry Azzam, who headed the fund, on Tuesday.

Official sources told Ammon News that several recognized economic figures turned down the offer, including Omar Malhas, who heads the Jordan Housing Bank.

Sources noted that the monthly salary of the position of Director of the SSC Investment Fund reaches JD 3,500, in addition to over JD 3,000 in bonuses, whereas Malhas earned nearly JD 25,000 monthly in his position at the Housing Bank.

Similarly, former Minister of Finance Sulaiman al-Hafez also turned down the position.

Informed sources said that other economic figures, including Ziyad Dabbas from the Abu Dhabi Bank and Yasser al-Odwan, who previously headed the Investment Fund, are being considered for the position.

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