Stock: Riyad Bank (1010)Top Management and Board of DirectorsTop ManagementTop Management [Five top executives with tenure > 5 yrs]
Board Of DirectorsBoard Of Directors [Eight directors with tenure > 9 yrs]
Profiles of Top ManagementTareq A. Al SadhanCEO Tareq Al Sadhan joined Riyad Bank in 2018 as a Senior Executive Vice President and the Chief Financial Officer. His appointment as President & Chief Executive Officer was issued by Riyad Bank's Board of Directors resolution on 01/04/2019. Al Sadhan started his career with KPMG Saudi Arabia where he spent 18 years progressing through the ranks to became one of the youngest Partners in the history of KPMG. During his last five years at the company, he served as the CEO/Managing Partner and the Chairman of the Advisory Committee. Prior to joining Riyad Bank, he served in the public sector in Saudi Arabia and held roles such as Advisor to the Chairman in the Saudi Fund for Development (SFD), Acting Director General at the General Authority for Zakat and Tax (GAZT), and Deputy Governor for Supervision at the Saudi Central Bank (SAMA). Al Sadhan is an active member of various external organizations and holds a number of memberships as well as Board roles throughout his career. He is a member of the 2020 World Economic Forum's Stewardship Board for the Middle East and North Africa. He is also a Fellow of the American Institute of Certified Public Accountants (AICPA) and the Saudi Organization for Certified Public Accountants (SOCPA). Al Sadhan holds a master's degree in Business Management from Ecole National des Ponts et Chaussees in France and received his bachelor's degree in Administration Science from King Saud University, majoring in Accounting. Shareholder Value: Creation of shareholder value in Riyad Bank: Date of appointment: April 01, 2019 In the last 5 years the average annualized return to shareholders was 11.4%. The present value of SAR1,000 (PV1000) invested 5 years ago is now SAR1,719, a gain of SAR470 and dividend reinvested of SAR248. Abdullah Mohammed Al-Issa Non-Executive Chairman Member of the Board of Directors of Riyad Bank since 2007 and has been the Chairman of Riyad Bank since October 2016. He holds a Bachelor's degree in Industrial Engineering and a Master's degree in Engineering Management from Southern Methodist University, USA, with extensive experience in management, investment and banking. Mr. Al-Issa is currently the Chairman of the Board of Directors of Dur Hospitality Co., and Assila Investments, the Vice Chairman of Etihad Etisalat Co. (Mobily) and Clariant Co. (Switzerland), and the Chairman of the Board of Directors of Abdullah Mohammed Al-Issa Office (Consultant Engineers). He is also a member of the Board of Directors of various companies, including Saudi Basic Industries Corp. (SABIC). Shareholder Value: Creation of shareholder value in Riyad Bank: Date of appointment: October 09, 2019 In the last 5 years the average annualized return to shareholders was 11.4%. The present value of SAR1,000 (PV1000) invested 5 years ago is now SAR1,719, a gain of SAR470 and dividend reinvested of SAR248. Abdullah Ali Al-Oraini CFO Abdullah Al-Oraini joined Riyadh Bank as its Chief Financial Officer in 2019. His 16+ years of experience stems from diversified work engagements at the local and international banking sector to include MENA countries, such as UAE, Oman, and Egypt where he worked on mega projects concerning strategic financial and performance management, investor relations, capital and asset liability management, and mergers and acquisitions. Prior to joining Riyad Bank, Al-Oraini held leadership positions at various banks, including Chief Financial Officer of AlAwwal Bank (formally known as Saudi Hollandi Bank), Head of Reporting, Asset and Liability Management and Investor Relations Department at the Saudi British Bank (SABB), Head of Capital and Liquidity Management at the National Commercial Bank (NCB). Al-Oraini currently serves as the Chairman of Chief Financial Officers Committee at the Saudi Arabian Monetary Authority (SAMA) and Board Member and Chairman of Audit Committee at Riyad Capital and as an Active Member of several committees. Al-Oraini holds a master's degree in Management Sciences from the University of Waterloo in Canada and a bachelor's degree in Science in Electrical Engineering from King Fahd University of Petroleum and Minerals. Shareholder Value: Creation of shareholder value in Riyad Bank: Year of appointment: 2019 In the last 5 years the average annualized return to shareholders was 11.4%. The present value of SAR1,000 (PV1000) invested 5 years ago is now SAR1,719, a gain of SAR470 and dividend reinvested of SAR248. Profiles of Board of DirectorsIbrahim Hassan SharbatlyIndependent Director Member of the Board of Directors of Riyad Bank since 2016. He holds a Bachelor's degree in Business Administration from College of Commerce, Bristol UK, with extensive experience in business, investment and real estate development. Mr. Sharbatly is currently the Chairman of the Board of Directors of the First Group International Company, and the Vice Chairman of Al-Nahla Group and the Saudi Arabian Marketing & Agencies Company Ltd (SAMACO), Al-Ameen Distinctive, Fast Auto Technic (Fast), and Jeddah Holding Company. He holds various executive and board membership positions in several companies. Shareholder Value: Creation of shareholder value in Riyad Bank: Year of appointment: 2016 In the last 5 years the average annualized return to shareholders was 11.4%. The present value of SAR1,000 (PV1000) invested 5 years ago is now SAR1,719, a gain of SAR470 and dividend reinvested of SAR248. Nader Ibrahim Al-Wehibi Non-Executive Director Member of the Board of Directors of Riyad Bank since 2011, representing General Organization for Social Insurance. He holds a Bachelor's degree with honors in Insurance and risk management from Indiana State University, USA, and a Master's degree in Social Protection Policies from Maastricht University, The Netherlands, with extensive experience in corporate planning and development. Mr. Al-Wehibi is currently the Governor Assistant for Insurance Affairs at the General Organization for Social Insurance and a member of the Board of Directors at various companies, including Saudi Basic Industries Corp. (SABIC), Clariant Co. (Switzerland) & Mudad Company. |