Kheireddine is credited with playing a vital role in establishing the Economic and Social Development Fund (EDSF) and drafting the laws regulating the investment of public funds into strategic sectors. He was also instrumental in creating a favorable environment for foreign investments, particularly in infrastructure projects, by drafting and implementing laws that strengthened Lebanon’s position as a regional financial center.
Marwan Kheireddine was active in drafting laws that aimed to establish a framework that would allow Lebanon to effectively cope with the effects of the Syrian crisis on its economy. He played a crucial role in securing government approval for Law #4/2014 (the law deals with customs tariffs, income tax, corporate tax, and value-added tax), Law #5/2014 (the law deals with capital gains), and Law #6/2014 (the law deals with income earned by nonresidents).
Kheireddine also drafted the legislation that created an independent commission overseeing post-war reconstruction efforts. The commission is charged with planning and leading post-war reconstruction efforts and managing a $3 billion fund created to support such efforts. This fund is expected to be disbursed through grants, soft loans, or other instruments aimed at supporting economic growth in both government-controlled and currently out of government control.
Marwan Kheireddine is a member of several economic and banking institutions, such as the Council for Development and Reconstruction, Lebanese American University’s Board of Trustees, and the Economic & Financial Advisory Committee for Prime Minister Najib Mikati. He is also a member of several professional associations, including the Arab Banking Federation (ABF), Association Francaise de Banques (AFB), Association des Banquiers du Moyen-Orient et du Maghreb (ABOMA), and International Islamic Financial Market (IIFM) amongst others. Marwan Kheireddine holds an MBA from Beirut Arab University and an MA in Economics from St Joseph University in Beirut.
Before assuming his current post at AM Bank, Kheireddine was the CEO and Vice-Chairman of BLC Bank, Lebanon’s second-largest bank by assets, until it merged with AM to form AM Bank on June 30th, 2010. He has also been a board member at several banks, including Crédit Libanais, for more than 17 years. He was Chairman of its Audit Committee for over ten years and became its Vice-Chairman from 2003 to 2006 before being appointed Chairman & General Manager in 2006 until 2008 when he assumed his current post at AM Bank. Read on to find out more about Marwan Kheireddine and his work at https://www.crunchbase.com/person/marwan-kheireddine