Reema Al-Asmari recently joined BNP Paribas as head of territory for Saudi Arabia, reinforcing BNP’s corporate and institutional banking (CIB) presence in the Kingdom.
In her new position, Al-Asmari will oversee the bank’s national commercial strategy, with a focus on strengthening relationships with strategic clients, multinational companies and government-related agencies.
She will also be responsible for expanding the bank’s product and service portfolio in all CIB segments, including sustainable finance.
Al-Asmari joined BNP Paribas from Natixis, where she held the position of CEO for Saudi Arabia.
Before joining Natixis, Reema worked for nine years with JPMorgan Chase & Co. in the Kingdom. Her last role in the US bank was treasury services country head. Before that, she was treasurer for Saudi Arabia, Bahrain and Johannesburg.
Discussing her anew position, Al-Asmari said: “I am honored to join BNP Paribas with the mission to grow the bank’s presence here in Saudi Arabia. As a dynamic bank which continues to evolve alongside Saudi’s ever-changing business environment, I am enthusiastic about the opportunities to build upon its current success.”
Al-Asmari takes over from Jean-Francois Sibille, who will become head of compliance for BNP Paribas Middle East and Africa.
She will work alongside Ammar Pharaon, who heads the BNP Paribas Regional Investment Company (BRIC), also located in Riyadh. BNP Paribas has operated in the Middle East and North Africa region for more than 45 years, offering corporate and institutional banking, and international financial services.
Who’s Who: Reema Al-Asmari, BNP Paribas head of territory for Saudi Arabia
https://arab.news/c7fs2
Who’s Who: Reema Al-Asmari, BNP Paribas head of territory for Saudi Arabia
Saudi navy launches first Tuwaiq Project combat ship in US
The Royal Saudi Naval Forces (RSNF) have launched the His Majesty King Saud ship, the first vessel under the Tuwaiq Project, which includes the construction of four multi-mission combat ships, in Wisconsin, USA.
The launch ceremony was attended by Chief of Naval Staff Lieutenant General Mohammed Al-Ghuraibi, senior Saudi and US military officials, and representatives from Lockheed Martin and Fincantieri, the companies overseeing the ship’s construction.
Speaking at the event, Al-Ghuraibi welcomed the successful launch and praised the strong support provided by the Kingdom’s leadership to the armed forces, particularly the RSNF, which has driven significant progress in naval modernization and development.
He described the Tuwaiq Project as a strategic cornerstone of the RSNF’s development, reflecting Saudi Arabia’s ambition to build a modern and professional naval force supported by advanced military technologies and comprehensive training programs for its personnel.
Al-Ghuraibi added that the project will enhance the navy’s operational readiness to safeguard the Kingdom’s strategic interests and protect vital maritime routes. He highlighted that the new ships are equipped with advanced combat systems capable of conducting a wide range of naval operations against aerial, surface, and subsurface threats.
