‎SAIB CEO resigns, Al-Fagham takes helm

‎SAIB CEO resigns, Al-Fagham takes helm ‎SAIB CEO resigns, Al-Fagham takes helm

​‎

Logo ofSaudi Investment Bank (SAIB)

Saudi Investment Bank (SAIB) announced that its board of d irectors accepted today, Sept. 28, the resignation of Faisal l Al-Omran as CEO, at his request.

Advertisement

The bank said in a statement on Tadawul that the Board has appointed Salman Al-Fagham as CEO, effective Oct. 1, 2026, following Saudi Central Bank’s (SAMA) no-objection approval.

Al-Fagham has more than 20 years of banking and leadership experience in Saudi Arabia, including roles at the SAMA and several senior positions at SAIB covering investments, treasury, liquidity and financing, capital management, and balance sheet management. He most recently served as Deputy CEO.

 

‎

Logo ofSaudi Investment Bank (SAIB)

Saudi Investment Bank (SAIB) announced that its board of d irectors accepted today, Sept. 28, the resignation of Faisal l Al-Omran as CEO, at his request.

The bank said in a statement on Tadawul that the Board has appointed Salman Al-Fagham as CEO, effective Oct. 1, 2026, following Saudi Central Bank’s (SAMA) no-objection approval.

Al-Fagham has more than 20 years of banking and leadership experience in Saudi Arabia, including roles at the SAMA and several senior positions at SAIB covering investments, treasury, liquidity and financing, capital management, and balance sheet management. He most recently served as Deputy CEO.

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with our Weekly Newsletter

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use
Advertisement