MUSA M. ESSAYYAD
Dr. Essayyad is the Saudi-British Bank Chair Professor of Finance at the Department of Finance and Economics of the King Fahd University of Petroleum & Minerals (KFUPM), an AACSB-accredited institution. Prior to that, he served for 15 years as the William Seward Chair Professor of International Finance at the University of Alaska, Anchorage (UAA). In addition to his teaching at the KFUPM and UAA, Dr. Essayyad taught finance courses at the University of Alabama, Wayne State University, and the American University of Beirut. He also conducted many executive training workshops in the U.S., Russia, Lebanon, Qatar, and Saudi Arabia.
He has 30 years of experience he accumulated as a result of holding academic, business, and government positions. He worked with well-known institutions on issues related to international capital markets, corporate finance, and financial arbitration. These institutions include US National Association of Security Dealers, United Nations, World Bank, International Monetary Fund, OPEC, First National Bank of Chicago, Getty Oil Company, American Independent Oil Company, and Union Oil of California.
He has served as editor of the Journal of Energy Finance & Development (Elsevier), co-editor of Energy Economics (Elsevier); guest editor of the OPEC Review (Blackwell) and International Journal of Global Energy Issues; Board Advisor and Reviewer for the International Energy Agency (IEA) on the World Energy Outlook; and associate editor of the Journal of Petroleum Accounting and Financial Management (University of North Texas), Oil, Gas, and Energy Quarterly (Louisiana State University), Review of Middle Eastern Economics and Finance(Taylor & Francis, UK), and International Journal of Financial Services Management (Inderscience, UK). He was a consultant to the World Bank on the future role of the Bank in the extractive industry in the MENA region. He has many published books, monographs, and refereed/non-refereed articles on international finance, investment, and banking.
He is an Industry Arbitrator at the US National Association of Security Dealers (NASD) and he served for 13 years on the University of Alaska Foundation’s Investment Committee and College of Fellows, helping in the formulation of investment strategies, and the selection and evaluation of the performance of portfolio mangers.
Dr. Essayyad was the economic advisor to the State of Qatar's Permanent Mission to the United Nations in Geneva, Switzerland, and worked at the First National Bank of Chicago in London, England. Within the context of his work at the U.N., he served as spokesman for the Group of 77 of the Developing Countries on many issues and chaired many intergovernmental meetings on finance, trade, and development issues in Europe, Asia, and Africa. He was an Alternate Governor of Qatar to the World Bank; a member of the Board of Trustees of Kuwait Planning Institute (an inter-governmental graduate institute), a member of the OPEC Economic Commission Board (the body which recommends oil pricing strategies to OPEC oil ministers); an advisor at the International Fund for Agricultural Development (IFAD) in Rome, Italy; a finance researcher for the Oil Minister of Qatar; and a finance executive training consultant for UNOCAL, and an accountant for the American Independent Oil Company--Getty Oil Company Joint Operations in Kuwait-Saudi Arabia Partitioned Zone.
Dr. Essayyad’s research with the University of Alaska’s Institute of Social and Economic Research - a think tank - covered the evaluation of future direction of the Alaska Industrial Development and Export Authority, a state development bank. Dr. Essayyad has conducted research on tapping international capital markets to finance Alaska projects for the Alaska Center for International Business. He served as a member of the Finance Working Group of the Alaska-Sakha Republic (the largest republic of the Russian Federation). He chaired numerous inter-governmental and academic conferences, seminars, and workshops on investment and energy issues.
Dr. Essayyad is a consultant on international business accreditation. He was the team leader of many groups who evaluated for accreditation the business programs of the following Saudi colleges: Al-Yamamah College (Riyadh), Prince Sultan College for Business and Tourism (Abha), College of Business Administration (Jeddah), Dar Al-Hekma College (Jeddah), and the Institute of Insurance and Real Estate (Riyadh).
Dr. Essayyad's articles in investment and finance appeared in scholarly journals including: OPEC Review; Oil, Gas & Energy Quarterly; Extractive Industry Review (World Bank), Journal of Energy Finance and Development, Petroleum Accounting and Financial Management Journal, Journal of Oil & Gas Industry, International Journal of Global Energy Issues; Journal of Economics and Finance, Journal of Multinational Financial Management, The International Journal of Finance, Advances in Quantitative Finance and Accounting, Quarterly, Journal of Managerial Finance, Journal of Business and Economics, International Economics, Global Business and Finance Review, Multinational Business Review, International Journal of Financial Services Management, Journal of Real Estate Appraisal and Economics, Real Estate Appraiser and Financial Analyst, and Real Estate Issues.