Sun 26 Sep 2010 07:52 AM
Talal Al Qudaibi
30

Talal Al Qudaibi

Industry: Banking & Finance

Designation: The future looks bright at Saudi Arabia's Riyad Bank.

Country: Saudi Arabia

Occupation: The future looks bright at Saudi Arabia's Riyad Bank.

$81,100

Riyad Bank

Saudi Arabia

The future looks bright at Saudi Arabia's Riyad Bank. The lender, the kingdom's third biggest by market value, posted a net profit of $386.7m for the six months to June 30, 2010, a rise of seven percent on the year earlier period. The lender, which touts its services across 216 branches, offers a string of services, from retail banking to project finance. Little wonder, then, it needs a solid staff of 4,768, managed under the watchful eye of CEO Talal Al Qudaibi. But a heavy payroll takes its toll on profits, meaning Riyad Bank takes in a per-person profit of $81,100 - significantly less than its rival, Samba.