Financial assets
The Board agreed to disclose on a regular basis the Fund’s assets. These include the investment revenues accrued and the eventual disbursements realized during the period.
The Fund for the Afghan People (the Afghan Fund) was established in September 2022 as a not-for-profit foundation in Geneva, Switzerland to protect, preserve, and—on a targeted basis—disburse its assets for the benefit of the Afghan people. These disbursements are intended to help address the acute effects of Afghanistan’s humanitarian and economic crises by supporting Afghanistan’s macroeconomic and financial stability, thereby benefiting the Afghan people. The funds set aside for the Afghan Fund initially constituted USD 3.5 billion in Afghan central bank reserves, and as of December 2024 its assets have surpassed USD 3.9 billion with investment earnings.
The Afghan Fund is governed by the Board of Trustees, currently constituted of representatives from the U.S. government, the Swiss government, and two Afghan economic experts. The Fund is staffed by an Executive Secretary, who reports to the Board, executes the Board’s decisions, and coordinates the Fund's activities on behalf of the Board.
Call for Application - Executive secretary - selection closed
Call for Application – International Advisory Committee - selection closed
Call for Application - Afghan Advisory Committee - selection cancelled
Call for Application - Compliance advisor - selection closed
The Board agreed to disclose on a regular basis the Fund’s assets. These include the investment revenues accrued and the eventual disbursements realized during the period.
Co-chair
Dr. Ahady is an economist and political scientist. Between 2002 and 2004, Dr. Ahady was responsible for overseeing Afghanistan’s central bank, Da Afghanistan Bank (DAB), in his capacity as governor. Following his tenure at DAB, Dr. Ahady was Afghanistan’s Minister of Finance from December 2004 to February 2009 and served as Advisor of National Economy to the President before being appointed Minister of Commerce and Industry in June 2010, a role in which he served until November 2013. Finally, between 2020 and August 2021, Dr Ahady held the position of Minister of Agriculture. He holds a Master of Business Administration and a Doctorate in Political Science from Northwestern University. Dr. Ahady received his bachelor’s degree from the American University of Beirut in Lebanon, where he also completed a master’s degree in political science.
Co-chair
Dr. Mehrabi is currently employed as Professor of Economics at Montgomery College in Maryland. Dr. Mehrabi holds a bachelor’s degree in economics from California Polytechnic University, a master’s degree in economics from the University of Cincinnati, and a doctorate degree in Economics and Education from the University of Cincinnati. Dr. Mehrabi has extensive professional experience working on matters related to the economy and central bank of Afghanistan. He is currently a member of the Supreme Council of Da Afghanistan Bank (DAB) and has served several previous terms since 2002. In addition, Dr. Mehrabi has served as senior economic advisor to Afghanistan’s previous ministers of finance.
Board Member - Swiss ambassador
Ambassador Baumann is currently Head of the Prosperity and Sustainability Division at the Swiss Federal Department of Foreign Affairs (FDFA). In that role, she supports the Swiss Government in linking thematic policy areas with foreign policy and ensures the coherence of positions and efficient cooperation and coordination between the FDFA and relevant offices in other departments. Prior to this, she was the Diplomatic Advisor of the Head of the Swiss Federal Department of Finance and was responsible for all international activities of the Minister. She is a trained diplomat and worked in the Swiss Embassies in Santiago de Chile, Berlin and the Swiss Mission to the UN in New York. Ambassador Baumann holds a Master of Political Studies from the University of Zurich, Switzerland.
Dr. Guillaume Braidi is a partner in the banking and corporate department at the Geneva law firm Poncet Turrettini. In June 2019, he earned an LL.M. from Stanford Law School, specializing in Corporate Governance & Practice. After a term as a Visiting Researcher at the Max Planck Institute in Munich, he defended his doctoral thesis in banking law at the University of Fribourg, where he also completed his Master’s in Law. Following an internship at a major Geneva law firm, he was admitted to the Geneva Bar with top honors (first rank). In 2013, he was awarded the University of Fribourg’s Excellence Prize for his research in business law. Mr. Braidi regularly publishes scholarly articles, focusing on banking and corporate law.
You may address any inquiries to info@afghanfund.ch