Saeed M. Al-Ghamdi is managing director and CEO of the new bank that resulted from the merger between the National Commercial Bank (NCB) and the Samba Financial Group.
Before that, he was chairman of the NCB, building up more than 31 years of experience in leading positions in the Saudi financial and banking sector. He was appointed as chairman in May 2018 to lead a new era of achievements and transformation for the bank.
Al-Ghamdi served as CEO and board member of the NCB from 2013 to 2018. He led the NCB to the forefront of the Saudi Arabian banking industry for five consecutive years by driving digital transformation across the organization, developing the company’s business model and optimizing its operational efficiency to make it a leading financial institution in the Kingdom.
He has also been chairman of NCB Capital and the Saudi Credit Bureau. He serves on the board of the Real Estate General Authority and Misk Foundation and is a member of the consultative board of the College of Industrial Management at King Fahd University of Petroleum and Minerals.
He began his career at the Ministry of Defense and Aviation where he served as a computer engineer. Al-Ghamdi later moved into the banking industry and began a new career with Al-Rajhi Bank 1991, assuming several positions, including chief information officer, chief operating officer, general manager of the Retail Banking Group and vice president of the bank.
Before joining NCB, Al-Ghamdi worked as an adviser to the Governor of the Saudi Arabian Monetary Authority, and was an adviser to the chairman of the board of directors of the NCB. He has also held a number of board memberships in Saudi Arabia and abroad during his career.
Al-Ghamdi holds a bachelor’s degree in computer engineering from King Fahd University of
Petroleum and Minerals.
Saeed M. Al-Ghamdi, CEO and MD of the newly formed bank following the merger of NCB and Samba
https://arab.news/26wqw
Saeed M. Al-Ghamdi, CEO and MD of the newly formed bank following the merger of NCB and Samba
Saudi Cabinet reviews cooperation and agreements with other nations
- Crown Prince Mohammed bin Salman chairs meeting and briefs ministers on his recent meeting with Egypt’s President Abdel Fattah El-Sisi
- Cooperative efforts includes projects focusing on development and education, political consultations, environmental protection, health, investment and air transport
RIYADH: Saudi Arabia’s Council of Ministers reviewed a number of domestic and international matters during a session in Jeddah on Tuesday chaired by Crown Prince Mohammed bin Salman.
The crown prince briefed the Cabinet on his recent meeting with the Egyptian president, Abdel Fattah El-Sisi, which included discussions about regional security and stability, the latest developments in the Middle East, and other topics of importance to the Arab and Islamic world, the Saudi Press Agency reported.
He also shared with ministers the contents of a letter he received from the president of Kazakhstan, Kassym-Jomart Tokayev.
The council discussed progress in cooperative efforts involving Saudi Arabia and other countries including Kyrgyzstan, Pakistan, Armenia, Turkmenistan, Estonia, Cuba and Kiribati, and approved a number of memorandums of understanding.
The cooperation includes projects focusing on development and education, political consultations, environmental protection, health, investment and air-transport services, the press agency said. Ministers also approved an agreement between the Saudi General Authority for Awqaf and its Omani counterpart relating to endowments.
They reviewed national initiatives, including one for the promotion of charitable work, and the enhancement of humanitarian and developmental efforts across the country.
A merger of the National Competitiveness Center with the Saudi Center for Economic Business to create a combined Saudi Competitiveness and Business Center was authorized.
