Rashed Abdul Aziz Al-Rashed, Chairman of Riyad Bank, has announced that Riyad Bank’s board has taken the decision to appoint Abdul Majeed Abdullah Al-Mobarak as the deputy CEO. Al-Rashed praised Al-Mobarak’s professionalism, his exceptional leadership skills, and a strong sense of integrity which made Al-Mobarak the stand-out candidate for the role who will contribute to the Bank’s growth and leadership. Al-Mobarak had worked at Riyad Bank from 1991 to 2013.
<p>Rashed Abdul Aziz Al-Rashed, Chairman of Riyad Bank, has announced that Riyad Bank’s board has taken the decision to appoint Abdul Majeed Abdullah Al-Mobarak as the deputy CEO. Al-Rashed praised Al-Mobarak’s professionalism, his exceptional leadership skills, and a strong sense of integrity which made Al-Mobarak the stand-out candidate for the role who will contribute to the Bank’s growth and leadership. Al-Mobarak had worked at Riyad Bank from 1991 to 2013.</p><p>Al-Rashed also announced a number of other leadership appointments as approved by the Board of Directors:</p><ol><li>Thalib Ali Al-Shamrani appointed as Senior Executive Vice President - Chief Risk Officer</li><li>Riyadh Otaibi Al-Zahrani appointed as Executive Vice President - Business Support</li><li>Mohammed Ali Al-Qureshah appointed as Executive Vice President - Finance</li><li>Abdulaziz Abdullah Al-Askar appointed as Executive Vice President - Credit</li><li>Enji Ahmad Al-Ghazzawi appointed as Executive Vice President - Operations</li><li>Mohammed Abdulaziz Abu Al-Naja appointed as Executive Vice President - Corporate Banking Services</li><li>Nadir Sami Al-Koraya appointed as Executive Vice President - Treasury</li></ol><p>Al-Rashid expressed his pride in the quality, experience and professionalism exemplified by these executives and highlighted their achievements on behalf of Riyad Bank.</p><p>Riyad Bank’s Board of Directors added that the strength of the local leadership is due to the Bank’s Saudization strategy and its investments in extensive training and development. Riyad Bank leads the industry in Saudization – 100% of the senior management positions are occupied by nationals, and 93% of branch staff are also nationals. In addition, 23% of the Bank’s staff are Saudi females.</p><p>Finally, Al-Rashid added that the Bank is especially proud of the quality of its Saudi female employees, which have proved their abilities through their outstanding performance. He highlighted Ms. Al-Ghazzawi’s expertise and leadership as the reasons behind appointing her as the first Executive Vice President at Riyad Bank.</p>
