Saeed Mohammed Al Ghamdi serves as the Managing Director and Group Chief Executive Officer of the Saudi National Bank (SNB), the largest bank in Saudi Arabia, and a prominent financial services group in the region. He assumed this position in April 2021, following his appointment as Chairman of the Board of Directors at SNB from May 2018 to March 2021. With an extensive career, Al Ghamdi began in 1987 with the Ministry of Defense and Aviation before moving to Al Rajhi Bank in 1991. His tenure at Al Rajhi Bank saw him rise through various roles, ultimately holding key leadership positions.
Al Ghamdi holds a Bachelor's degree in Computer Science and Engineering from King Fahd University of Petroleum and Minerals, Dammam, KSA (1987). His current internal committee memberships at SNB include the Board of Directors, Executive Committee, and Risk Committee. Externally, he is actively involved in numerous organizations, serving as Chairman of Jabal Omar, Chairman of Manga Production, and a Board Member of Misk Foundation and Institute of International Finance.
His past positions and memberships further highlight his influential role in the financial and business sectors. Notably, he held roles such as Chief Executive Officer and Chairman of the Board of Directors at the National Commercial Bank, Chairman of the Board of Directors at NCB Capital, Chairman of the Board of Directors at Turkiye Finans Katilim Bankasi, and Chairman of the Board of Directors at Saudi Credit Bureau (SIMAH). Al Ghamdi's diverse experience positions him as a significant figure in the financial industry and corporate leadership in Saudi Arabia.
Saeed Al-Ghamdi envisions driving financial excellence and innovation, leveraging his leadership in the banking sector to shape a dynamic and digitally advanced future. Committed to fostering transformative strategies, he aims to lead the newly merged bank resulting from the NCB and Samba Financial Group into an era of sustained growth and operational efficiency. Al-Ghamdi's vision is centered on reinforcing the bank's position as a pioneering financial institution in the Kingdom, championing technological advancements, and delivering exceptional value to stakeholders while contributing to the broader economic development of Saudi Arabia.
Commencing in 1987, he embarked on his professional journey with the Ministry of Defense and Aviation. In 1991, he transitioned to Al Rajhi Bank, where he not only established his foothold but also progressed through various roles, ultimately assuming several leadership positions. His tenure at Al Rajhi Bank marked a period of continuous growth and development within the organization.
Mr. Al Ghamdi holds a Bachelor's degree in Computer Science and Engineering, which he earned from King Fahd University of Petroleum and Minerals in Dammam, KSA, in 1987. This educational foundation equipped him with the knowledge and skills to navigate the evolving landscape of the financial and technological realms.
Throughout his illustrious career, Saeed Al Ghamdi has been actively engaged in numerous external positions and memberships, showcasing his commitment to contributing to various sectors. Notably, he serves as the Chairman of Jabal Omar, Chairman of Manga Production, and holds positions as a Board Member of Misk Foundation and the Institute of International Finance. His involvement in these roles reflects a dedication to diverse areas, including real estate, entertainment, and international finance.
In his past roles, Mr. Al Ghamdi has left an indelible mark on the financial landscape. Notable positions include Chief Executive Officer and Member of the Board of Directors at the National Commercial Bank, Chairman of the Board of Directors at the National Commercial Bank, Chairman of the Board of Directors at NCB Capital, and Chairman of the Board of Directors at Turkiye Finans Katilim Bankasi. His leadership extends beyond finance to include influential roles in the Ministry of Health’s Cluster 23, the Real Estate General Authority, and advisory boards for esteemed institutions such as MasterCard Middle East & Africa and Prince Sultan University.
Joining the Saudi National Bank (SNB) in March 2013, Mr. Al Ghamdi assumed the position of Chief Executive Officer and became a member of the Board of Directors. His impactful leadership led to further recognition, and he later served as the Chairman of the Board of Directors from May 2018 to March 2021. Saeed Al Ghamdi's multifaceted career, marked by a combination of executive roles, advisory positions, and board memberships, exemplifies his significant contributions to the financial and corporate landscape in Saudi Arabia.
Saeed Al-Ghamdi has spearheaded the successful merger of the National Commercial Bank and Samba Financial Group, resulting in the formation of SNB, Saudi's largest bank. Under his leadership, SNB achieved remarkable financial results, with profits reaching $3.4 billion and total assets amounting to $243.8 billion by the end of 2021. The bank's extensive presence across eight countries, boasting over 500 branches and 476 self-service kiosks, serves 11 million customers. Al-Ghamdi's influential role extends beyond banking, as he chairs Jabal Omar and Manga Production, and serves on the boards of the Misk Foundation and the Institute of International Finance.
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