Rania Nashar, CEO of Samba Financial Group

Rania Nashar
Short Url
Updated 14 December 2019
Follow

Rania Nashar, CEO of Samba Financial Group

Rania Nashar has been CEO of Samba Financial Group since 2017. 

Forbes has named her one of the 100 most powerful women in the world for the second time, the first being in 2018, making her the first Saudi female to make the entry twice.

The CEO placed at 97th on a list that featured names like climate-change activist Greta Thunberg, Emirati businesswoman Raja Easa Al-Gurg, German Chancellor Angela Merkel and the president of the European Central Bank, Christine Lagarde. 

Nashar graduated with a bachelor’s degree in computer science and information technology from King Saud University in 1997.

She also attended the University of Virginia’s Darden School of Business in Charlottesville for a leadership development program in 2012. 

She began her career with Samba Financial Group after obtaining her bachelor’s, working as a private bank technology and quality assurance coordinator for nearly four years, before moving to e-consumerism for another four years.

In 2006, Nashar was promoted to anti-money laundering compliance officer, before she became the head of compliance less than three years after that. In October 2014, she became the chief audit executive, until she rose to CEO in 2017.

Samba Financial Group was founded in 1980 and has become one of region’s largest financial services group. Samba has over 73 branches in Saudi Arabia, with 25 dedicated to female customers.


8 NGOs join Saudi Arabia’s national vegetation drive

Updated 57 min ago
Follow

8 NGOs join Saudi Arabia’s national vegetation drive

  • The center continues to promote collaboration across sectors to expand environmental awareness and advance sustainability goals through knowledge exchange

RIYADH: The National Center for Vegetation Cover Development and Combating Desertification has signed memoranda of understanding with several nonprofit environmental associations to strengthen partnerships with the nonprofit sector in advancing national goals for environmental sustainability.

The MoUs were signed with eight associations: Al-Nakaa Association, Lavender Society, Darb Hiking Trails and Walking Trips Association, Hail Agriculture Development Association, Yanbu Environmental Association, Rifaq Environment Association (Hail), Aghsan Environmental Association, and Pristine Future Environment Association.

The center said cooperation with the nonprofit sector enhances volunteer and community initiatives and maximizes environmental and social impact across the Kingdom, the Saudi Press Agency reported on Monday.

The agreements are part of a broader cooperation framework covering afforestation and land rehabilitation projects, nature-based tourism support, expertise exchange, capacity building through training, and community environmental awareness.

The center continues to promote collaboration across sectors to expand environmental awareness and advance sustainability goals through knowledge exchange, coordinated community efforts, joint outreach programs, and initiatives supporting national environmental objectives.