Arabian Business Power 500 2013
Thu 21 Mar 2013 10:28 AM
Eisa Al Eisa
97

Eisa Al Eisa

Industry: Banking & Finance

Company: Samba Group

Designation: CEO

Country: Saudi Arabia

In 1980 - the same year that the bank was founded - Eisa Al Eisa started his career with Samba, the Arab world’s fifth-largest lender and Saudi Arabia’s second-largest lender by market value.

In 2003, he was appointed CEO and managed Samba’s de-merger from Citi Group, where he steered the bank’s transition to full Saudi management in just 37 days. In April, the lender posted a first-quarter net profit of SR1.145bn ($305.3m), a two percent increase year on year due to a rise in operating income.

Under Al Eisa’s stewardship, the bank has in recent years expanded overseas to include a branch in Dubai.

Al Eisa is a former director of the Saudi Electricity Company (SEC).