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Saudi’s largest lender National Commercial Bank appoints new CEO

Saudi’s largest lender National Commercial Bank appoints new CEO

NCB said last week that former chief executive Saeed al-Ghamdi had resigned

Saudi Arabia’s largest lender, National Commercial Bank (NCB) , said on Wednesday it has appointed Faisal Omar al-Sakkaf as its chief executive.

NCB said last week that former chief executive Saeed al-Ghamdi had resigned and was appointed as the bank’s chairman.

Sakkaf, NCB’s former head of strategy and business development, is a Harvard university graduate and has over 30 years of senior management experience in banking and financial institutions, including Samba Financial Group, according to a bourse filing and local media.

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