Sunday, 23 November 2008 | 20:53 UAE time
COMPANIES
Riyad Bank
- +21.00 Last
- +0.50 (+2.44%) Today's Change
- 582,326 Volume
- 20.50-52.80 52 Week Range
- -17.65 (-45.67%) 52 Week Change
COMPANY DESCRIPTION
The Kingdom's position as one of the most profitable banking sectors in the Gulf has helped secure Riyad Bank as one of the region's top companies.Founded in 1957 with an initial capital of USD 13.3 million, the company is the oldest publicly held bank in the Kingdom and is one of three 100% Saudi owned in Saudi Arabia.
Riyad Bank, operating 200 branches, has grown to become a lead financier, particularly in arranging the flow of syndicated loans in the oil, gas, petrochemical, power and water sectors.
The bank has been awarded some of the highest credit ratings by Standard & Poor's for long and short term liabilities.
KEY INFORMATION
Industry
Asset Management, Commercial Banks, Investment Funds
Address
King Abdul Aziz Road, 22622, Riyadh, Saudi Arabia
T
966 1 4013030
F
966 1 4042707
E
-
W
COMPANY OVERVIEW
| Ownership | Type | Established on | Employees |
|---|---|---|---|
| Public | Joint stock | 23 Nov 1957 | - |
MAJOR SHAREHOLDERS
| Name | Country |
|---|---|
| General Organization for Social Insurance | Saudi Arabia |
| Government of Saudi Arabia | Saudi Arabia |
| Public Pension Agency | Saudi Arabia |
PORTFOLIO
| Name | Country |
|---|---|
| Riyad Capital | Saudi Arabia |
| Saudi Travellers Cheque Company | Saudi Arabia |
| Royal & Sun Alliance Insurance | Saudi Arabia |
| Industrialization & Energy Services Company | Saudi Arabia |
OFFICERS
| BOARD OF DIRECTORS | Position |
|---|---|
| Rashed Abdulaziz Al Rashed | Chairman |
| Abdulrahman Hassan Sharbatly | Director |
| Abdullah Ibrahim A. Al Hudaithi | Director |
| Abdullah Mohammed Al Issa | Director |
| Khaled Hamza Nahas | Director |
| Abdulaziz Saleh Al Jarbou | Director |
| Faris Abdullah Abaal Khail | Director |
| Mohammad Abdulaziz Al Afaleq | Director |
| Fahad Abdulrahman Al Howaimel | Director |
| Abdullah Ibrahim Al Ayadhi | Director |
| MANAGEMENT | Position |
| Talal I. Al Qudaibi | President & Chief Executive Officer |
| Suliman A. Al Gwaiz | Deputy Chief Executive Officer |
| Thalib A. Al Shamrani | Executive Vice President - Risk Management |
| Abdul Majeed A. Al Mubarak | Executive Vice President - Corporate Banking |
| Ali A. Al Saffar | Executive Vice President - Support Services |
| Abdul Aziz S. Al Malki | Executive Vice President - Treasury & Investment |
| Saeed S. Al Siairri | Executive Vice President - Operations |
| Abdulkareem H. Al Faraj | Executive Vice President - ITD |
| Adel Ahmed Al Sheikh | Executive Vice President - Branches |
| Saad Q. Al Qassim | Executive Vice President - Finance |
| Khalid S. Al Jasser | Executive Vice President - HR |
MOST POPULAR NEWS STORIES
LATEST FINANCIAL JOBS
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- Senior Accountant, Dubai, UAE
- Senior Equity Trader, Abu Dhabi, UAE
Information correct at the time of publishing. If you are a representative of this company and want to update the details, please email updated information to financials@itp.com providing your name, designation and contact details.
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