BAHRAIN: Increase in expected credit loss pushes Bank ABC Islamic’s half-year net profit down by 23.28% Adel Ibrahim Al-Ateeq. From 2003 to 2005, he served as General Manager of Attar Group. In addition, he is a founding member of the "Venture Capital and Private Equity Association" and member of the Board of Directors as well. Box 22622 Riyadh 11416, Tel. Mr Al Gwaiz is a board member and chairman of the Audit Committee in the company since 2014. - Previously Mr. Al Ateeq held the Deputy CEO in "Riyad Capital Company" and Head of Asset Management, as well as worked in "Riyad Bank" and "Saudi Arabian Monetary Authority". • Program Director of e-payments committee that will develop and implement the future ecosystem of payment in Riyad Bank to create and become the pioneer in the e-payment space. - Over 22 year of experience in the financial sector, that includes Banks, Audit, Taxes and financial Management Consultancy. Riyad Bank?s General Assembly meeting was held at the Bank?s Head Office in Riyadh on Monday 28/10/2013 at 6 pm, to elect the members of the board of directors for its new term, which starts from 31/10/2013 for 3 years. He held several leadership positions in both public and private sectors, such as: General Authority of Zakat and Tax, Saudi Arabian Monetary Authority and KPMG. He holds a Bachelor degree in Industrial Engineering and a Master degree in Engineering Management from Southern Methodist University, USA, with extensive experience in management, investment and banking. He has been a member of the Board Directors of Riyad Bank since 2007. His 16+ years of experience stems from diversified work engagements at local and international banking sector to include MENA countries, such as UAE, Oman, and Egypt where he worked on mega projects concerning strategic financial and performance management, investor relations, capital and asset liability management, and mergers and acquisitions. - Mr. Malaeka served at Saudi Arabian Monetary Agency form 1996 to 2003 where he worked as Software Developer within the Banking Technology Group from 1996 to 1997, Project Manager from 1997 to 1998, Team Leader from 1998 to 1999 and Section Head of Banking Technology Department from 2000 to 2003. In addition, he was a member of the Board of Directors of Qassim & Al-Jasser Cement Company. Bachelor degree of Accounting from King Saud University - KSA . Member of the Executive Committee of Alinma Capital Jeddah Economic City Fund (2017 until Present). Bachelor of Mechanical Engineering in 1982 from the University of Wisconsin, Milwaukee, USA. He previously served as a member of the Board of Directors of the National Medical Care Company, and a member of the Board of Directors of Jarir Marketing Company. Commercial Registration No. Jarir, a public shareholding company (and member of the Nomination and Remuneration Committee). Technical Investment Company (member of the Investment Committee). Eng. Board of Directors. End-of-day quote Saudi Arabian Stock Exchange - 01/24. Mutaz Qusai Al-Azzawi is Member, Board of Directors at Riyad Bank. He joined Riyad Bank's London branch in 1996 and is now its Chief Manager. Riyad started his career working in the family business running… - Al-Oraini holds a master’s degree in Management Sciences from the University of Waterloo in Canada and a bachelor’s degree in Science in Electrical Engineering from King Fahd University of Petroleum and Minerals. Riyad Bank SJSC (RB), Saudi Arabia - Key People, Directors and Officers. (A) BOARD OF DIRECTORS: Name Experience Qualifications Current Positions Previous Positions 1 Mr. Sulaiman Al Gwaiz – Governor of General Organization for Social Insurance – Executive Vice President of Riyad Bank, 2002 – 2013 – Head of Retail and Corporate Banking at Riyad Bank, 1994 – 2002 – Director of Central Region, Riyadh Bank, Mr. Al-Saggaf holds MBA from Harvard Business School in 1988 and a Bachelor degree in Economics from Harvard University in 1982.After his service at Samba Financial Group between 1983 and 1985 as an Assistant Manager in Corporate Banking Group, he joined Saudi Holandi Bank as Division Head. He is the Founder of Al Sagr Cooperative Insurance Company, SACO Company, and Jeddah Economic Company. RIYADH, 13 September 2005 — Rashed Abdul Aziz Al-Rashed, chairman of the board of Riyad Bank, authorized the board of directors in the general meeting yesterday to issue new bonds and certificates of deposits. Author: Please visit Riyad Bank. Vote : Quantity: Free-Float: Company-owned shares: Total Float: Stock A: 1: 3,000,000,000: 1,343,793,350: 44.8%: 0: 0.0%: 44.8% tax and provisions as … Master degree of Business Admiration from University of Ecole de Pont Business School - France . He received an undergraduate degree from Indiana State University and a graduate degree from Maastricht University. Chairman of the Executive Committee. Dr. Abdulmalik bin Abdullah Al-Hogail. He is also a member of the Board of Directors, a member of the Executive Committee, and a member of the Nominations & Compensations Committee of Riyad Bank. Board Member Born in 1960 in Jeddah, Saudi Arabia. In 2005, Mr. Malaeka joined Al-Khabeer Financial Advisors as Vice President of Banking Products and served in that capacity until 2006 before being appointed Executive Partner and Acting Managing Director of Investment Banking, a position that he held until 2007. He is also a former member of the Boards of Directors at Riyad Bank. Bank Albilad announced Jan. 20 that Chairman Abdulrahman Bin Ibrahim Alhumeid passed away. RIYAD BANK : News, information and stories for RIYAD BANK | Saudi Arabian Stock Exchange: 1010 | Saudi Arabian Stock Exchange ... RIYAD BANK: The election of Riyad Bank?s Board of Directors: PU. Mr. Abdulrahman is the Chairman of the Boards of Directors of AlNahla Group. Mr. Abdulrahman is the Chairman of the Boards of Directors of AlNahla Group. Call center is open from Sun till Thu, 09:00am till 4:00pm. Member of the Board of Directors of Al Malaz Capital (Chairman of the Audit Committee - Member of the Executive Committee - Member of the Remuneration and Nominations Committee). Board Member Born in 1960 in Jeddah, Saudi Arabia. Riyad Bank Head Office, King Abdul Aziz Road, PO BOX 22622, Riyadh, 11416, Saudi Arabia Role Active Director - Previous Board Membership: Are you looking to open a bank account ? Member of the Board of Directors of the First Information Security Company (member of the Executive Committee). The deputy executive manager for financial affairs, Abdul Aziz Al-Furaih, … He is also a board member of a number of companies including Maaden, Etihad Etisalat (Mobily) and Clariant. Riyadh – Mubasher: The board of Riyad Bank agreed on Monday to appoint Abdulmajeed Abdullah Almobarak as the new CEO. Riyad Bank engages in the provision of banking and investment services. All Rights Reserved. The Executive Director is currently the Chair of the Audit Committee of the Board while also participating in other Board’s standing committees. Goldman Sachs banker who built Middle East business to retire, Saudi's Almarai appoints new managing director, CEO leaves, Saudi stocks slide on banks as most Gulf markets lower. Riyad Bank?s General Assembly meeting was held at the Bank?s Head Office in Riyadh on Monday 28/10/2013 at 6 pm, to elect the members of the board of directors for its new term, which starts from 31/10/2013 for 3 years. - Abdullah Al-Oraini is working at Riyadh Bank as Chief Financial Officer since 2019. Vice Chairman of the board. Talal Ibrahim Abdulrahman Al-Qudaibi Independent Director Mohammed Talal Mohammed Al-Nahas, 57 Independent Director Ibrahim Hassan Abbas Sharbatly Independent Director Current Board of Directors. Board of Directors, Report. Abdullah Al-Issa is the Chairman of Riyad Bank since October 2016. Page Content. Nader Ibrahim Ali Al-Wehibi is on the board of Riyad Bank, Clariant AG and Saudi Basic Industries Corp. The true value of a team’s accomplishments can’t be fully represented in mere letters, as it’s a value that never fades away, and Board of Directors . 6. He also holds a certificate of certified wealth manager and a certified financial planner certificate. 1998-2008. Abdulaziz Al-Khereiji. He is also a member of the Board of Directors, a member of the Executive Committee, and a member of the Nominations & Compensations Committee of Riyad Bank. Member of the Board of Directors of the General Authority for Zakat and Income. 69, Riyadh 13241 – 7279, Saudi Arabia. 1416-1420. Riyad Al Horaibi CEO and Co-Founder of Asas Capital Ltd. Has over 15 years of successful experience in Capital markets and Private equity Investments. Riyad Bank has appointed Abdullah Mohammed Al-Issa as the chairman of its board of directors effective from Oct. 31, and until the end of the board session on Oct. 30, 2019.The bank … Mr. Rashed bin Ibrahim Sharif. Contact Us; Phone (920000222) Customers Service Center (920001100) Chairman of the Board of Directors. Taiba Holding Company "a public shareholding company" (Chairman of the Nomination and Remuneration Committee - Member of the Investment Committee). Riyad Bank has several centers around the world, beside the centers that covers all over the KSA; it has centers in London, Houston, and Singapore. Mr. Khaled A. Al-Gwaiz Chairman. Member of the Board of Directors of Najran Holding Company (Member of the Executive Committee). Master of Industrial Management and Technology in 1983 from Central Michigan University, USA. Dr. Abdulrhman Ibrahim AlHumaid. It is expected that the board will hold a meeting in the coming few days to elect its chairman and committees. He also served as Head of Treasury at Gulf Riyad Bank in Bahrain as well as Arab African International Bank in Cairo. He received an undergraduate degree from Indiana State University and a graduate degree from Maastricht University. Also, he is the Chairman of the Board of Directors of the Riyad Reit Fund and a member of the Board of Directors of Boudl Hotels & Resorts Company. Riyad Bank Board of Directors, Executive Management and Audit Committee. Mr. Abdulrahman is the Chairman of the Boards of Directors of AlNahla Group. Riyad Bank. Riyad Bank’s board of directors has appointed Mr. Tariq Al Sadhan as the chief executive officer effective from 01/04/2019, as successor to Mr. Abdulmajeed A AlMobarak who has decided to step down from his position as CEO effective from 31/03/2019. Licensed with number: 2007 and operating under the Saudi Central Bank’s control and supervision. , Unit No. 20 Feb 2019. Mr. Abdulrahman is the Chairman of the Boards of Directors of AlNahla Group. ABA board member since 2012. The new board includes the ten following members: Ibrahim Hassan Sharbatly, Jamal Al-Rammah, Talal Al-Qudaibi, Abdul-Rahman Jawa as a representative at the Public Investment Fund (PIF), … In 2005, Mr. Malaeka joined Al-Khabeer Financial Advisors as Vice President of Banking Products and served in that capacity until 2006 before being appointed Executive Partner and Acting Managing Director of Investment Banking, a position that he held until 2007. The general meting also approved modifying the number of terms in the bank system. Nader Ibrahim Ali Al-Wehibi is on the board of Riyad Bank, Clariant AG and Saudi Basic Industries Corp. Board Director Abdulrahman Hassan Sharbatly Board Director Dr. Abdulaziz Saleh Al-Jarbou Board Director Abdullah Ibrahim Al-Ayadhi Board Director The Executive Committee Rashed Abdulaziz Al-Rashed (Chairman) Abdullah Ibrahim Al-Ayadhi Dr. Faris Abdullah AbaalKhail Mohammed Abdulaziz Al-Afaleq Waleed Abdulrahman Al-Eisa The Audit Committee Member of the Board of Directors of Dallah Health Care Holding Company (2012 to 2019). Guggenheim’s Dubai venture hires Goldman Sachs' Abu Innab to head MENA .. Six banks pitch for Aramco IPO role on Saudi bourse - sources, Big Saudi firms to pay bonuses, imitating royal handout, INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED, EVP-Operations, Technology & Support Services. Also, he is the Chairman of the Board of Directors of the Riyad Reit Fund and a member of the... Tareq Abdulrahman Al-Sadhan. Chart 1: Riyad Bank Organizational Structure Board of Directors CEO ORGANIZATIONAL CHART 3 Structure Benefits Generally, the divisional organizational structure has several benefits. pursuant to section 3(e) of the 165(d) Rule, the Board of Directors of Riyad Bank has approved this Plan. Riyad Capital is a Saudi Closed Joint Stock Company with Paid Up Capital of SR 200,000,000.licensed by the Saudi Arabian Capital Market Authority (NO.07070-37). 1010239234. It operates through the following segments: Retail Banking, Investment Banking and Brokerage, Corporate Banking, and Treasury and Investments. He is also a former member of the Boards of Directors at Riyad Bank. From 2007 to 2009, he served as Head of Capital Markets at Swicorp in Saudi Arabia before joining Dallah Al-Baraka Holding Company as Deputy General Manager in Investment Management Department from 2009 to 2014, and from 2014 to August 2017 as the Head of  Investment Management Department. The outgoing CEO, Talal al-Qudaibi, who is retiring, is one of the longest serving bank CEOs in the GCC, having taken up that position in 2002. Almobarak had previously worked at Riyad Bank from 1991 to 2013, during which he assumed many responsibilities and leadership … In addition to his duties at Riyadh Cables Group, he is Independent Director at Al Rajhi Bank and Managing Director & Director at ACWA Holding Co. Board Member of Saudi Authority For Industrial Estates and Technology Zones (MODON) and Chairman of MODON Audit Committee . 1010239234. He is also a former member of the Boards of Directors at Riyad Bank. He is also a former member of the Boards of Directors of Riyad Bank. Mr. Al-Isaa is currently the Chairman of Asila Investment Company as well as the Chairman of the Board of Riyad Bank and Dur Hospitality Co. 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