Saeed Mohammed Al Ghamdi | Gulf Business
  • العربية

25. Saeed Mohammed Al Ghamdi

Chairman, Saudi National Bank

Origin: Saudi Arabia

Residence: Saudi Arabia

Sector: Finance

2024 Rank: 24

Al Ghamdi is a dynamic leader driving the kingdom’s largest financial institution. Assuming the chairmanship in March 2023, he has been instrumental in SNB’s continued success and growth.

Under his stewardship, SNB, formed from the merger of National Commercial Bank and Samba Financial Group, has demonstrated robust financial performance.

In 2023, the bank reported a net profit of SAR20bn, marking a 4 per cent increase. This growth accelerated in 2024, with SNB achieving a 5.9 per cent rise in net profit, reaching SAR21.2bn, propelled by increased operating income. Al-Ghamdi brings a wealth of experience to his role.

His prior leadership positions include chairman of Jabal Omar Development Company, a major Saudi real estate developer, and Manga Productions.

He also serves as a board member of the Mohammed bin Salman Foundation, contributing to the kingdom’s strategic development initiatives.

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