Standard Chartered Bank appoints CEO for Saudi branch

Yazaid Al-Salloom
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Updated 02 August 2020
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Standard Chartered Bank appoints CEO for Saudi branch

Standard Chartered Bank has announced the appointment of Yazaid Al-Salloom as chief executive officer for Saudi Arabia, effective Aug. 1.
Al-Salloom joined Standard Chartered Bank in 2018 and brings a wealth of experience from his current role as head of financial institutions sales for MENAP and Turkey and previous roles in debt capital markets at HSBC and Deutsche Bank.
Standard Chartered Bank was awarded the license to set up a banking branch in the Kingdom in 2019. Standard Chartered Bank Saudi Arabia will operate a single branch based in Riyadh that will provide banking services to the sovereign and government related entities, large corporates, financial institutions and multinational companies operating in the Kingdom.

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Standard Chartered Bank was awarded the license to set up a banking branch in the Kingdom in 2019. It will complement Standard Chartered Capital Saudi Arabia, which has been operating in the Kingdom since 2011.

Dr. Boutros Klink, CEO Standard Chartered Middle East (ex-UAE), said: “I am delighted to announce the appointment of Yazaid Al-Salloom as country CEO for Standard Chartered Bank Saudi Arabia. In his new role as CEO, Yazaid will oversee the launch of Standard Chartered Bank Saudi Arabia, and will lead the bank’s expansion in the market, strengthen our client base, expand our products and services offering, and solidify our network as the Kingdom moves toward greater openness and global integration.
“The bank is grateful and delighted to have been awarded the license to conduct banking activities in the Kingdom of Saudi Arabia. Given the bank’s footprint in 60 markets across the world, we will leverage our presence in the Kingdom to promote trade, investment and capital flows in support of the Saudi Vision 2030 under the leadership of the Custodian of the Two Holy Mosques King Salman and Crown Prince Mohammed bin Salman, from our network spanning around 60 countries.”
Standard Chartered Bank Saudi Arabia is licensed by Saudi Arabian Monetary Authority and will complement Standard Chartered Capital Saudi Arabia, which has been operating in the Kingdom since 2011 under a Capital Markets Authority of Saudi Arabia license.


Kingdom Centre’s comprehensive upgrade nears completion

Updated 05 January 2026
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Kingdom Centre’s comprehensive upgrade nears completion

Chairwoman of the Board of Kingdom Centre Nada Alateegi announced that the final phase of the comprehensive upgrade and redevelopment works at the iconic Riyadh landmark has neared completion.

Kingdom Centre was never intended to be just a shopping destination or a business hub, Alateegi said, but rather a space to deliver exceptional experiences. The experience is now being elevated to a new level of luxury that seamlessly brings together refined hospitality, high-end retail, and world-class business environments. 

She said that Kingdom Centre, inaugurated in 2001, commenced its modernization project in April 2023. The project is being implemented in partnership with a group of top-tier global designers and renowned contractors, and led by the Kingdom Centre management team, to ensure the highest standards of quality and precision.

The upgrades were carried out in accordance with the best safety practices, while maintaining uninterrupted operations and ensuring visitors’ comfort and safety are preserved throughout, Alateegi said. This approach reflects the vision and directives of Prince Alwaleed bin Talal and has contributed to the center receiving several awards, including its recognition for “visionary design and development.”

She added that Kingdom Centre had installed the largest fully integrated digital screen on Kingdom Tower facades, operated exclusively in partnership with digital advertising and media solutions leader Rotana Signs. The screen serves as an international showcase reflecting Riyadh’s evolution and its growing global standing.

Kingdom Centre is also home to the Four Seasons Hotel, one of the world’s most prestigious hospitality brands, in addition to VOX Cinemas, purpose-designed to world-class specifications guided by the center’s management vision. 

Moreover, Kingdom Centre introduced Al-Mamlaka Social Dining zone, which has become one of the region’s leading dining experiences and a model for other investors. Conceived by the center’s management to elevate the visitor experience, the Social Dining concept has been officially registered as the intellectual property of Kingdom Centre.

Kingdom Centre has also launched a mobile application and a dedicated visitor loyalty program offering a range of benefits. This initiative is part of the center’s digital transformation strategy and aims to strengthen long-term engagement with visitors.

Kingdom Centre’s management remains committed to setting a leading example for the sector, delivering innovative experiences that support Saudi Arabia’s tourism ambitions and align with Saudi Vision 2030, Alateegi added.