H.E Dr. Stephen P. Groff Governor National Development Fund of Saudi Arabia. Dr. Stephen P. Groff is the Governor of the National Development Fund of Saudi Arabia. He was appointed in February 2019 and is responsible for establishing this new government entity that aims to raise the level of performance of sectoral funds and development banks in Saudi Arabia. Prior to his current position, Dr. Groff was the Vice-President of the Asian Development Bank (ADB) in Manila, where he oversaw ADB’s operations across East Asia, Southeast Asia, and the Pacific. His extensive experience also includes serving as the Deputy Director for Development Cooperation at the Organization for Economic Co-operation and Development (OECD) in Paris, and as the Deputy Vice-President for Operations at the Millennium Challenge Corporation (MCC) in Washington, D.C. Dr. Groff has additionally worked with the U.S. Agency for International Development (USAID), the U.S. Refugee Program, and as a U.S. Peace Corps volunteer. Dr. Groff holds a Ph.D. from Erasmus University’s School of Social and Behavioural Sciences, a master’s degree from Harvard University, and a Bachelor of Science degree from Yale University.