Mr. Munib R. Masri

Chairman of the Board


  • A founding member of Palestine Development and Investment Ltd. (PADICO HOLDING), Palestine Telecommunications Group (PALTEL), and Palestine Exchange (PEX), Mr. Masri is also the Founding Member and Chairman of the Edgo Group. Additionally, he is a founding member and Board Chairman of Jerusalem Development and Investment Company (JEDICO) and a founding member and Vice-Chairman of the Arab Medical Centre in Jordan. 

  • Mr. Masri has held numerous positions, including Chairman of Phillips Petroleum Company in Algeria in 1962; Chairman of Phillips Petroleum’s Regional Office in Beirut in 1964; Minister of Public Works in the Jordanian Government in 1970; and Minister of State for Financial Affairs and Reconstruction in the Palestinian National Authority in 1993. Mr. Masri was Vice-Chairman of the Arab Bank Group until 2006 and a board member of the Arab Bank for 30 years. In 2009, Mr. Masri was a board member of the Palestinian Monetary Authority. 

  • Currently, Mr. Masri is a board member of the US Council on Foreign Relations (Middle East). He is also an active member in a large number of cultural, educational and humanitarian organizations, including the Welfare Association, Abdul Hameed Shoman Foundation, Al Quds University, and the American University in Beirut. 

  • Mr. Masri graduated with honors from the University of Texas, USA in 1955 with a degree in Petroleum Geology. In 1956, he received a Master’s degree in Geology and Government from Sul Ross State University, Texas.