Managing director and Group CEO, Saudi National Bank
Origin: KSA
Residence: KSA
Sector: Finance
Leading the merger of Saudi banks National Commercial Bank (NCB) and Samba to form the kingdom’s biggest lender, Saudi National Bank, Al Ghamdi who was the chairman of NCB, will now serve as the MD and group CEO of the new entity, which will have total assets of over $220bn.
The merger will create a “clear national champion that will transform the local banking sector”, Al Ghamdi said. A veteran in the kingdom’s banking and finance space, he also previously served as an advisor to the governor of the Saudi Arabian Monetary Authority (SAMA).