Women named to head Saudi bourse, major bank

 

Women named to head Saudi bourse, major bank

Riyadh - She is expected to remain at the bank while leading Tadawul.

By AFP

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Published: Tue 21 Feb 2017, 12:45 PM

Last updated: Tue 21 Feb 2017, 2:54 PM

Women have been named to head Saudi Arabia's stock exchange and a major bank, the institutions announced.
Samba Financial Group on Sunday said Rania Mahmoud Nashar had begun work as chief executive officer.
The announcement came three days after the Saudi stock exchange, known as Tadawul, named Sarah Al Suhaimi as chairman of its board.
In a notice to the Saudi stock exchange, Samba said Nashar had almost 20 year's experience in banking and had followed an "executive career" programme at Samba.
Samba also said that Nashar was the first Saudi woman certified as an anti-money laundering specialist by a respected American association of experts who combat financial crime.
Her appointment as CEO followed the resignation of general manager Sajjad Razvi for personal reasons.
Tadawul's Sarah Al Suhaimi is the CEO of NCB Capital, the investment banking arm of National Commercial Bank.
She was the first female head of a Saudi investment bank when named to that post in 2014, according to Bloomberg News.
It said she is expected to remain at the bank while leading Tadawul, the Arab world's largest bourse.


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