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H.E. Dr. Ezzeddin Kanakrieh Chief Executive Officer
Dr. Kanakrieh holds PhD degree in Finance, a Master's degree in Finance and Accounting, and a Bachelor's degree in Economics. He currently serves as Chief Executive Officer and Board Member of the Board of Social Security Investment Fund (SSIF). Dr. Kanakrieh started his career as a Financial Accountant at the Jordanian Armed Forces during the period 1984 – 1986, then he moved to the Ministry of Finance where he climbed up the ladder till he held the position of the Ministry’s Secretary General during the period 2007 – 2012. Throughout that period, he had a significant contribution in formulating policies, and implementing the reforming national & international fiscal & economic programs such as the Financial Reform Program, and the Economic Revision Program of the International Monetary Fund (IMF), and the programs of the World Bank Group. Also, he supervised the implementation of Government Financial Management Information System (GFMIS). During his term as Secretary General, the Ministry of Finance won the award of the King Abdullah II Award for Excellence in Government Performance and Transparency in 2008. In 2012, he was appointed as a Commissioner of the Jordan Securities Commission, throughout that period the Commission received the Seal of Excellence of the King Abdullah II Award for Excellence in Government Performance and Transparency in 2012. In 2014, he was appointed for the second time as the Secretary General of the Ministry of Finance until 2018. In May 2018, Dr. Kanakrieh served as the Director General of the Social Security Corporation. He has also been entrusted with the duties and powers of the Chief Executive Officer of the Social Security Investment Fund under Article (6) of the Social Security Investment Fund and the Investment Board bylaw. Upon a Royal Decree on June, 2018 Dr. Kanakrieh was appointed as a Minister of Finance until November, 2019. Dr. Kanakrieh served in different capacities on the Boards of the Social Security Corporation, Jordanian Duty Free, First Shop Company, Jordan Petroleum Refinery Company, Jordan Telecom Company, Aqaba Development Corporation, Jordan Free and Development Zones Group (JFDZ), Jordan Deposit Insurance Corporation (JODIC), the National Committee for Anti-Money Laundering and Counter Terrorist Financing, in addition to the Vice Chairperson of H.R.H the Chairperson the of the Jordanian Hashemite Fund for Human Development (JOHUD). Upon a Royal Decree and as a recognition of his personal effort in the public service, Dr. Kanakrieh was honored in 2007 with the Royal Independence Medal of the Second Class.
The Social Security Corporation (SSC) is a major investor in the tourism sector. Geographically, its portfolio covers most parts of the Kingdom through direct and indirect investments.
SSIF invests in the energy sector through strategic holdings in electricity generation and distribution companies, in addition to renewable energy projects
Al Daman for Development Zones Company (DDC) was established in 2009 as a private shareholding company fully owned by the Social Security Corporation. DDC is the investment arm of the Investment Fund for infrastructure development, services and marketing for the King Hussein Bin Talal Development Area in Al Mafraq and the Irbid Development Area
The value of the equity portfolio amounted to around JD 2,699.6 million as at 31/03/2025
The portfolio consists of money market instruments with maturity dates that do not exceed one year, such as deposits, treasury bills, repurchase agreements, certificates of deposit and current accounts.
The Fund invests in medium and long term loans through direct lending to the Jordanian Government and its public institutions, and also by participating in syndicated loans to companies for a period that is not less than one year.
In September 2020, SSIF established a wholly owned company that will launch an agricultural project in the south on an area of 30,000 dunums with a total investment of JD 13 million