Saeed bin Muhammad Al Ghamdi Saeed Al Ghamdi was promoted from CEO to chairman of Saudi Arabia’s biggest publicly traded bank last year, thrusting him into a seat of considerable power. National Commercial Bank – also the second largest bank in the Arab world – enjoyed a net income of SAR8.02bn ($2.13bn) for the first nine months of last year,… Saeed Al Ghamdi was promoted from CEO to chairman of Saudi Arabia’s biggest publicly traded bank last year, thrusting him into a seat of considerable power. National Commercial Bank – also the second largest bank in the Arab world – enjoyed a net income of SAR8.02bn ($2.13bn) for the first nine months of last year, up from SAR7.24bn ($1.93bn) a year earlier; an increase of 10.7 per cent. In December it was revealed that NCB is in talks to merge with rival Riyad Bank – a move that could create a financial institution worth SAR683bn ($182bn). Chairman, National Commercial Bank Company Origin:KSA Residence:KSA Sector:Finance