Who’s Who: Abdullah Bakhraibah, CEO of Arab Investment Co.

Abdullah Bakhraibah
Short Url
Updated 04 September 2024
Follow

Who’s Who: Abdullah Bakhraibah, CEO of Arab Investment Co.

Abdullah Bakhraibah is CEO of the Arab Investment Co. as of August 2024.

The Arab Investment Co., a pan-Arab financial institution established in 1974, is owned by the governments of 17 Arab countries.

Bakhraibah’s experience of over 16 years in finance and investment, both locally and globally, makes him a valuable asset to the company.

In this role, he will lead the company in building and developing its business and achieving its new strategic objectives.

His most recent position was CEO and board member of State Street Saudi Arabia Financial Solutions, a Capital Market Authority-licensed subsidiary of State Street Corp., one of the world’s largest global financial institutions.

During his tenure, he spearheaded the opening of their office in the Kingdom, expanded their business presence, launched local portfolio management, and endorsed local partnerships.

He served as a member of CMA’s Capital Market Institutions Committee in 2020 for two years.

Prior to that, Bakhraibah served as head of business and products development at Ashmore Investment Saudi Arabia from 2019 to mid-2020 where he chaired the board of Ashmore’s investment funds and Tazah Limited Co.

From 2015 to 2018, he was head of sales in Saudi Arabia for Gulf International Bank (UK) and GIB Capital where he led the business development and represented GIB Capital’s debt capital market team in the issuance of $12.5 billion bonds with the National Debt Management Center at the Saudi Ministry of Finance in 2017.

Bakhraibah’s professional journey also includes various roles at SAB, including structured derivatives and treasury risk advisory from 2008 to 2015. He began his career at SAB as a money market and investment dealer in the treasury department in 2008.

Bakhraibah earned a master’s degree in business administration from the London Business School in 2020 and a bachelor’s degree in management information systems from the King Fahd University of Petroleum and Minerals in 2008.


Rebuilding lives: Saudi initiative gives fresh hope to amputees

Updated 08 December 2025
Follow

Rebuilding lives: Saudi initiative gives fresh hope to amputees

  • Baitureh Health Association has provided life-changing support to more than 1,000 people
  • Prosthetic limbs can cost up to $76,000

MAKKAH: The Baitureh Health Association for the Care of Amputees has quickly become one of Saudi Arabia’s most impactful humanitarian initiatives, transforming support for people with lost limbs.

Established in 2020, the association deals with people’s physical, psychological and social needs and fills a long-standing gap in the national health system.

CEO Badr bin Alyan told Arab News that the initiative was created in response to a growing need, driven by amputations linked to accidents, blood disorders, occupational injuries and other causes.

Its operations were “based on service integration rather than fragmentation, enabling beneficiaries to return to their lives with confidence, ability and independence,” he said.

This holistic process covers everything from initial evaluations to psychological and physical rehabilitation, family support, prosthetic fitting and ongoing maintenance.

Its psychological support programs include group sessions led by certified mentors who have undergone similar experiences, as well as field visits to support patients before and after amputation.

More than 1,000 people across the Kingdom have so far benefitted from the association’s work, about 10 percent of them children, whom Alyan said were “the most sensitive and the most in need of intensive psychological and family support.”

Its specialist programs for children — My First Step and Therapeutic Entertainment — help young people adapt to prosthetics, overcome trauma and build confidence in a safe and supportive setting.

The association has completed more than 300 prosthetic fittings, including silicone cosmetic limbs, mechanical, hydraulic, electronic and 3D-printed models. 

Alyan said the type of prosthetic selected depended on a number of factors, such as age, lifestyle, type of amputation, activity level and psychological readiness.

Children also have to undergo frequent adjustments to their new limbs to account for their growth.

Each prosthetic cost between SR20,000 ($5,300) and SR285,000, Alyan said.

The association funds its work through sponsorships, community contributions and strategic partnerships.

Despite its success, Alyan said there were still challenges to be faced, including the lack of a consolidated base for the provision of psychological support and therapy services and prosthetics development and maintenance.

There was also a shortage of local experts, he said.

In response, the association set up a rehabilitation center, which Alyan said would help to localize prosthetics manufacturing, reduce costs and accelerate fitting processes and create opportunities for local experts to develop their knowledge and experience.

But providing prosthetics was only part of the association’s work, he said.

“Rebuilding a human life is the deeper goal.”