Board of Directors

Committees Membership

• Executive Committee

Current Positions

Chairman of the Board of many companies inside KSA including:

• Al Rajhi Banking and Investment Corporation (Al Rajhi Bank)
• Al Rajhi Company for Cooperative Insurance (Takaful Al Rajhi)
• Al Rajhi Capital
• Al Rajhi Holding Group Company
• Farabi Petrochemicals Company
• Indoor and Outdoor Flooring Fabrics Solutions Company
• Al Ajial Holding Company

Previous Positions

Held many positions in Al Rajhi Bank from 1979 to 31 March 2012 including:

• Chief Executive Office and Managing Director
• Chief Executive Officer
• General Manager
• Senior Deputy General Manager
• Deputy General Manager of Financial Affairs
• Deputy General Manager of Investment and Foreign Relations

Qualifications

• Bachelor of Business Administration – King Abdulaziz University

Experience

• Contributed to the conversion of Al Rajhi Exchange and Trade Company into a public joint stock company and held many leading positions in ARB for more than 35 years.

Committees Membership

• Executive Committee
• Nominations and Compensations Committee
• Governance Committee

Current Positions

• Vice Chairman of the Board, Member of Executive Committee, Chairman of Governance Committee and Chairman of Nominations and Compensations Committee – Al Rajhi Bank
• Board Member – Saudi Arabian Investment Company

Previous Positions

• CEO – Saudi Arabian Investment Company
• Deputy CEO – Capital Market Authority
• Assistant Secretary General – Public Investment Fund
• Board Member – National Commercial Bank
• Board Member – Energy and Water Works Company

Qualifications

• Bachelor of Economics – Portland State University, USA
• Master’s Degree in Economics – Central Michigan University, USA
• Chase Manhattan Bank Course, USA

Experience

• Over 30 years of experience in banking, financial and investment fields.

Committees Membership

• Board Risk Management Committee (BRMC)

Current Positions

• Board Member and Chairman of BRMC – Al Rajhi Bank
• Board Member – Medical and Pharmaceutical Services Company

Previous Positions

• Board Member – SIMAH
• Board Member – Higher Education Fund
• Board Member – Saudi Travelers Cheques Company
• Board Member – Arab International Bank – Tunisia
• Board Member – Construction Products Holding Company
• Board Member – Rolaco Group

Qualifications

• Bachelor of BA – American University in Beirut
• Master of BA – INSEAD, France

Experience

• Having professional experience of more than 30 years in banking and financial fields.

Committees Membership

• Executive Committee
• Nominations and Compensations Committee

Current Positions

• Board Member, Member of Executive Committee and Member of Nominations and Compensations Committee – Al Rajhi Bank
• Board Member – Al Rajhi Capital Company
• Board Member – Savola Group Company
• Board Member – National Petrochemical Industry Company (NATPET)

Previous Positions

• General Manager of Financial and Insurance Investments & worked in Hassana Investment Company
• Board Member – Industrialization & Energy Services Company
• Board Member – Riyadh Hotels and Entertainment Company
• Board Member – Saudi Industries Development Company
• Board Member – Tabuk Agriculture Development Company
• Board Member – National Medical Care Company
• Board Member – Herfy Food Services
• Board Member – Panda Retail Company

Qualifications

• Bachelor of Economics – King Saud University
• Master’s Degree in Economics – Western Illinois University – USA – 1990

Experience

• Working in the field of financial investment for more than 25 years.

Current Positions

• Board Member – Al Rajhi Bank
• Chairman of the Board – Al Rajhi Steel Industries Co. Ltd.
• Chairman of the Board – Berain Company
• Chairman of the Board – Saudi Tourism Development Company
• Chairman of the Board – DAEM Real Estate Investment Company
• Chairman of the Board – Al Badr Al Zaher Investment Company
• Chairman of the Board – Al Motahdoun Al Uzamaa Company
• Managing Director and Vice Chairman – Mohammed Abdulaziz Al Rajhi & Sons Investment Company (MARS)
• Vice Chairman of the Board – Al Jazirah Home Appliance Co. Ltd.

Previous Positions

• Held several leading positions in areas of management, industry and real estate investment and has served as a member of the board of joint-stock companies.

Qualifications

• High School

Experience

• Having experience of more than 30 years in areas of management, industry and real estate investment and has served as a member of the board of joint-stock companies.

Committees Membership

• Nominations and Compensations Committee
• Board Risk Management Committee (BRMC)

Current Positions

• Board Member, Member of Nominations and Compensations Committee and Member of BRMC – Al Rajhi Bank
• Chairman of the Board, Chairman of Executive Committee and Member of Nominations Committee – Riyadh Cables Group Company
• Board Member – EMCOR Facilities Services
• Board Member, Chairman of Audit Committee and Member of Investment Committee – Saudi Pharmaceutical Industries & Medical Appliances Corporation (SPIMACO)
• Board Member – Tasnee Company
• Board Member – Bawan Company
• Board Member – Synergy Consulting Company
• CEO – Bin Ladin International Group
• Board Member – National Medical Products Company
• Board Member – Roayat Watan Investment Company
• Board Member – Roaa Development Holding Company

Previous Positions

• Managing Director – ACWA Holding Company
• Board Member and Chairman of Nominations & Compensation Committee – Saudi Tabreed Company
• Board Member, Audit Committee Member and Chairman of the Nominations and Compensations Committee – Swicorp Company
• Board Member – Synergy Consulting Company

Qualifications

• Bachelor of Urban Planning – University of Washington – USA

Experience

• Having more than 30 years of experience in banking, financial and industrial fields.

Committees Membership

• Governance Committee

Current Positions

• Board Member and Member of Governance Committee – Al Rajhi Bank
• Board Member – Jiwar Real Estate Management, Marketing and Development Company
• Head of Arriyada Financial Consulting Center

Previous Positions

• Board Member – Alinma Bank
• Financial Consultant of King Abdulaziz Endowment for the Two Holy Grand Mosques (Abraj Al Bait Complex) in Makkah
• Deputy General Manager of Banking and Development – Al Rajhi Bank
• Vice Dean of Faculty of Economics and Management, King Abdulaziz University

Qualifications

• Bachelor of Public Administration – King Abdulaziz University
• Master of Public Administration – California State University – 1978
• PhD in Organisational Development – Florida State University – 1981

Experience

• Having practiced academic work for 10 years and with 10 years of experience in the Islamic Banking Sector.
• Since 2002, he established Arriyada Financial Consulting Center and performed several studies and consultancies in Islamic Financing Structuring for Projects (the most prominent being Abraj Al Bait in Makkah).

Committees Membership

• Executive Committee
• Board Risk Management Committee (BRMC)

Current Positions

• Board Member, Member of Executive Committee and Member of BRMC – Al Rajhi Bank
• Director of Investment, International Markets – Hassana Investment Company
• Member of the Saudi Investor Association
• Certified Member of the Association of Financial Analysts – USA

Previous Positions

• Hedge Fund Portfolio Manager – KAUST Endowment
• Hedge Fund Portfolio Manager – Investment Management – Treasury – Saudi Aramco Co.
• Financial Analyst – Investment Management – Treasury – Saudi Aramco Co.
• Board Member and Member of Remunerations and Nominations Committee – Dallah Healthcare Holding Company

Qualifications

• Bachelor of Finance – Michigan State University
• Master’s Degree in Business Administration – University of Michigan in Ann Arbor
• CFA

Experience

• Having 16 years of experience in investment.

Committees Membership

• Governance Committee
• Nominations and Compensations Committee
• BACC

Current Positions

• Board Member, Member of Governance Committee, Member of Nominations & Compensations Committee, Member of BACC – Al Rajhi Bank
• Board Member & Member of Nominations and Compensations Committee – SAPTCO
• Board Member, Member of Audit Committee and Member of Risk Committee – GASCO

Previous Positions

• CEO – Tawuniya Insurance Company
• CEO – National Medical Care Company
• Board Member – Tawuniya Insurance Company
• Board Member – National Medical Care Company
• Board Member – Waseel Electronic Information Transfer
• Board Member – Najm Insurance Services Company

Qualifications

• Bachelor of Medical Science – University of Wales, UK

Experience

• Having over 20 years of management experience and he currently serves as board member and committee member in many listed companies.

Committees Membership

• Executive Committee
• BACC

Current Positions

• Board Member and Member of Executive Committee & BACC – Al Rajhi Bank
• Board Member – Arabian Cement Company
• Board Member – National Petrochemical Company (Petrochem)
• Board Member – Wisayah Global Investment Company
• Board Member – Al Nahdi Medical Company
• Board Member – Abdullah Al Othaim Investment Company
• Board Member – STC Solutions
• Board Member – Riva Investment Company
• Board Member – Sabeen Investment Company

Previous Positions

• Deputy Head and Head of Investment – King Abdullah Humanitarian Foundation
• Director of Portfolio Management – Masik
• Head of Portfolio Management, Investment Management Division – Saudi Aramco Co.
• Board Member – HSBC Saudi Arabia
• Executive Director – Vision Combined Limited Company
• Board Member & CEO – Arraedah Investment Company

Qualifications

• Bachelor & Master’s Degree of Business Administration – Boston University
• Master’s Degree of Economics – Boston University
• CPA & CFA

Experience

• Having 20 years of experience in financial and investment fields, and is a member of several Boards and Committees in many companies.

Member, Board of Directors

Current Positions

• Board Member – Al Rajhi Bank
• Board Member – Al Rajhi Bank (Malaysia)
• Board Member and CEO – China Development Financial
• Board Member – China Life Insurance

Previous Positions

• CEO – Al Rajhi Bank
• Board Member and CEO – Standard Chartered
• Board Member and CEO – General Electric – North East Asia

Qualifications

• Bachelor of Finance & Business Administration – University of Texas at Austin
• Master of Finance & Business Administration – University of North Texas

Experience

• Expertise for more than 30 years in banking, financial and industrial fields