Al Rajhi Bank today announced that its Board of Directors have appointed Steve Bertamini as Chief Executive Officer effective 18th May 2015. Steve Bertamini previously held the position of Group Executive Director and CEO for Global Consumer Banking at Standard Chartered Bank.
Steve Bertamini was appointed Group Executive Director to the Board of Standard Chartered PLC in May 2008 and a member of the Board of Standard Chartered PLC between 2008 and 2014.
Prior to his time at Standard Chartered, Steve spent 22 years with GE, most recently as Chairman and CEO of GE North East Asia. He was also responsible for GE's acquisition and merger business in the Asia-Pacific region from 2004 and President of GE Capital Asia since January 2001.
Steve is an active member of various external organizations including World Presidents’ Organization, CEO Forum, Global 50 and Global Executive Group.
Steve graduated from University of Texas in Austin with a Bachelor's degree of Business in Finance and Management in 1985 and earned his MBA at the University of North Texas in 1991.
Al Rajhi Bank also announced that the Board of Directors' have accepted the resignation of Suliman Azzabin as CEO due to personal circumstances. The Board of Directors appreciated the efforts made by Suliman Azzabin throughout his tenure as CEO and wished him all the success in his future endeavors.
Founded in 1957, Al Rajhi Bank (Tadawul 1120 – Al Rajhi Bank) is one of the worldwide leader in Sharia compliant banking with operations in Saudi Arabia, Malaysia, Kuwait and Jordan.