Bakhriba is the Executive Chairman of the Board of Directors of the Arab Investment Company

The Board of Directors of the Arab Investment Company, which includes representatives of Arab countries, announced the appointment of Abdullah bin Saleh Bakhriba as the company’s CEO, based on his extensive experience in the financial and financial sectors, and the appointment will take effect on August 18, 2024. His Excellency Engineer Saad bin Abdulaziz Al-Khalab, Chairman of the Company’s Board of Directors, said: “I am very pleased to take this opportunity to welcome Abdullah Bakharibah to the company. We are confident that his high capabilities and rich practical experience in various fields will enable him to successfully lead the company to a new stage. The strategic transformation process that the company is undergoing at all levels will help the company develop, enhance its position, consolidate its position in the financial and investment fields, and open up new paths for the company’s future growth and innovation.”

Abdullah Bakhreiba has more than 16 years of extensive experience in finance and investment, working with international and local financial institutions. He also holds an MBA from London Business School and a Bachelor of Management Information Systems from King’s College. He started his career in 2008 at Fahd University of Petroleum and Minerals as a Financial Markets Trader in the Treasury Department of SABB Bank, where he held various assignments and positions in the field of financial derivatives and financial risk consulting until 2015. He worked as Head of Sales Department for the Kingdom of Saudi Arabia at Gulf International Bank UK until 2018 AD, during which time he worked as Head of Business and Product Development Department at “Ashmore Investments Saudi Arabia”. He served as Chairman of the Board of Investment Funds and Taza Company Limited, and as CEO and Board Member of “State Street Saudi Arabia Financial Solutions” under State Street Corporation, one of the largest financial companies in the world, during which time he led the company to open an office in Saudi Arabia, expand its business volume and local partnerships, in addition to hosting the State Street Bank Board Meeting in Riyadh in April 2024.

Bahriba, for his part, expressed his gratitude and appreciation to the Board of Directors for its generous trust in appointing him as the CEO of the Arabian Investment Company, and said that such trust will have a huge impact in continuing to work hard to complete the company’s development path and achieve its desired goals.

It is worth noting that the Arab Investment Corporation is an Arab financial company established in 1974 and owned by the governments of 17 Arab countries.