Facebook Twitter Linkedin Instagram Youtube

Overview

The Saudi British Bank

Banking · Saudi Arabia · 5,116 Employees

The Saudi British Bank 2

The Saudi British Bank provides banking and financial services in the Kingdom of Saudi Arabia. The company operates through Retail Banking, Corporate.

The Saudi British Bank 3

The Saudi British Bank (SABB) is a licensed financial institution operating under SAMA supervision and control, and a partner of the HSBC Group.

SABB was established in 1978 as a Saudi Joint Stock Company and traces its origins in Saudi Arabia back almost 70 years, during which time it has been an active partner supporting the Kingdom’s economic growth and social development. As a partner of the HSBC Group, SABB is one of the leading corporate and institutional international banks in the Kingdom with a top retail banking and wealth management proposition. SABB is also a leader in Saudi Arabia and the region in trade finance, foreign exchange, equity and debt wholesale banking, digital service innovation, and ESG, paving the way for transformation and excellence.

SABB offers integrated financial and banking services, including corporate banking, investment, private banking, and treasury. SABB’s paid-up capital is SAR 20.5 billion after the legal merger with Alawwal Bank, as the two banks became one entity and one of the largest banks in the Kingdom of Saudi Arabia.

SABB: We bring a world of financial opportunities to an ambitious Kingdom.

“We bring a world of financial opportunities to an ambitious Kingdom”.

Our Purpose helps frame our underlying value proposition to our customers, stakeholders and our people.

It starts off with “We Bring” reflecting our focus on the collective and the combined strength and capabilities of the New Organisation. “A World of” showcases our unparalleled ability to source and leverage global experiences, connectivity and solutions through our affiliation with HSBC. “Financial Opportunities” as a bank we are focused on developing products and services which deliver real economic and social opportunities and “To An Ambitious Kingdom” as a prominent Saudi organisation and a leading financial institution we are absolutely committed to be a partner supporting the kingdoms ambitions.

The Saudi British Bank 5

Our values define behaviours that positively impact everything we do

THINK “CUSTOMER”
By prioritizing the needs of the customer, we advance the quality of our services and this encourages a culture of personal responsibility within our people.

WORK TOGETHER
When we work together, achieving success becomes a collective goal, and this encourages a culture of collaboration within our people.

DO THE RIGHT THING
When we choose to do the right thing, all our actions, no matter how small, encourage a culture of honesty and integrity.

BE INNOVATIVE
When innovation becomes a part of our work process, we encourage a culture of development and progress in everything we do.

Prepare your child for a future in football with our new partner, Juventus Academy Saudi Arabia, and benefit from an exclusive discount when registering from 25 of Jan 2022 to 1st of Feb 2023 for SABB card holders.

Board of Directors

Our Board of Directors is comprised of some of Saudi Arabia’s most experienced and prominent leaders.

Meet our Board

Ms. Lubna Suliman Olayan – Chair

Member of SABB’s Board and Chair of the Bank’s Board of Directors as of June 2019. Ms Olayan holds a BSc from Cornell University, an MBA from Indiana University and an honorary PhD in Law from Trinity College.

In 2004, Ms. Olayan became the first woman to join the board of a Saudi publicly listed company when she was elected to the board of Alawwal Bank and served as its Deputy Chairman. With wide-ranging experience in investments and operating companies, Ms. Olayan served as CEO of Olayan Financing Company for over 35 years, and presently chairs its ExCom, in addition to chairing the board of Olayan Saudi Holding Company.

She has been a member of the Board of Schlumberger since 2011 and a Board member of Ma’aden since 2016. Ms Olayan sits on the international advisory boards of Akbank, Allianz SE, McKinsey & Co and Bank of America Merrill Lynch, she is also a trustee of KAUST, MIT and the Asia Business Council.

Mr. Mohammed Bin Omran Alomran

Member of SABB Board of Directors since 2009. He holds a Bachelors of Science in Civil Engineering from King Saud University in Riyadh and a Masters of Science in Structural Engineering & Management from the University of South California, USA. In addition to his previous experience in the business and investment sectors, he is a board member of many leading Saudi Companies. Presently he holds several positions including Saudi Orix Leasing Company.

Mr. Mohamed Rasheed Almaraj

Member of SABB Board of Directors since January 2023. Mr. Almaraj holds a Bachelor of Science in Economics with a major in Finance and Accounting from Wharton School of Business at the University of Pennsylvania, Philadelphia, USA. Mr. Almaraj is the CEO of Ila Bank. In addition to his committees’ membership in King Fahd Causeway Authority, Bahrain Car Parks Company “Amakin” and Board member of Bank ABC Jordan in Jordan.

He previously occupied the positions of COO of Ila Bank, the Vice President for Group Strategy in Arab Banking Corporation, Investment Team Senior Analyst in The Family Office (TFO) and an Investment Banking Associate in Perella Weinberg Partners (New York).

Mr. Ahmed Farid Al-Aulaqi

Member of SABB Board of Directors since June 2019, Mr. Al-Aulaqi has an MBA in Finance from the University of Stirling, UK. He has 32 years of investment management, and treasury experience across multiple geographies. His previous roles include including Chief Executive Officer of NCB Capita, President of Safanad and board member of Alawwal Bank. He is the President of Lakemore and a member of the firm’s Board of Directors. He sits on Lakemore’s Investment Committee and is responsible for setting the firm’s business and investment strategy.

Mr. Stuart Thomson Gulliver

Member of SABB Board of Directors since January 2020. He holds a Master degree of Law from the Oxford University. Mr. Gulliver is a businessperson who has been the head of different companies. Mr. Gulliver is on the board of Jardine Matheson Holdings Ltd and Member of Hong Kong Airport Authority.

He previously occupied the position of Group Chief Executive Officer (CEO) of HSBC Holding plc, and he assumed many executive roles at HSBC group since 1980 to 2018.

Mr. Martin Powell

Member of SABB Board of Directors since July 2019. Mr Powell has over 40 years’ experience in the Banking sector with a specialism in risk management. He was an Executive with the Royal Bank of Scotland PLC for more than 15 years with his final position before retirement being the Chief Risk Officer for the Capital Resolution Division. He was a Board and Executive Committee Member of Alawwal Bank since June 2017 and holds a ACIB qualification from the Chartered Institute of Bankers.

Mr. Samir Assaf

Member of SABB Board of Directors as of April 2016, representing the foreign partner HSBC Holdings BV. He holds a BSc degree in Finance from L’ Institut d’Etudes Politiques in Paris and an MBA in Economics from La Sorbonne University, Paris, France. Mr. Assaf is a Group Managing Director and a member of the Group Management Board and Chief Executive Officer of Global Banking and Markets at HSBC Group, with over 20 years of experience in the banking and financial markets field acquired at HSBC Group, where he held several leading roles.

Mr. Stephen Moss

Member of SABB Board of Directors with effect from January 2018; representing the foreign partner HSBC Holdings plc. He is a qualified chartered accountant from the Institute of Chartered Accountants in England and Wales and holds an honors degree in Economics and Accountancy from the University of Kent, UK. In addition, Stephen has accumulated wide experience in banking during his 27-year career with HSBC. He is currently the Group Chief of Staff, HSBC Holdings plc.

Mr. Tony Cripps

Board Member and Managing Director of SABB, Tony has worked in banking for more than 30 years, with management roles in institutional banking, treasury, trading and sales businesses, transaction banking, information technology and operations. He was also appointed as HSBC Group General Manager in 2016, before joining SABB in May 2021.

Mr. Sulaiman Abdulrahman AlGwaiz

Member of SABB Board of Directors since November 2021. Mr. AlGwaiz holds a Bachelor’s degree in Business Management from the University of Portland, USA. Mr. AlGwaiz was the Governor of the General Organization for Social Insurance (GOSI) from 2013 until January 2021. In addition to his previous experience in banking operations, finance, credit, trading and enterprise management, Mr. AlGwaiz presently sits on the board of several leading companies, including Etihad Etisalat Co., Saudi Arabian Mining Co., and Saudi Industrial Investments Co.

Executive Top Management

Tony Cripps – Managing Director & CEO

Tony Cripps was the Chief Executive Officer of HSBC Singapore, the leading international bank in Singapore supporting retail, business, corporate and institutional banking customers through its network of local branches and offices.

Tony has worked in banking for more than 30 years, with management roles in institutional banking, treasury, trading and sales businesses, transaction banking, information technology and operations. Tony was appointed to the Board of HSBC Singapore in 2016. He was also appointed as HSBC Group General Manager in 2016, before he joined SABB as the Managing Director & CEO in May 2021.

Bandar Al-Gheshayan – Chief Retail Banking and Wealth Management Officer

Bandar Al-Gheshayan is the Chief Retail Banking and Wealth Management Officer since 9 May, 2022.

Bandar has more than 22 years of extensive experience in several sectors and 16 years in retail banking. He joined SABB in 2012 and has held various leadership positions, including Regional Head of Retail Banking and Chief Operating Officer, Retail Banking and Wealth Management.

Bandar holds a Master’s degree in International Management from the University of Liverpool and attended various programmes in executive leadership and management from (London Business School, IMD, INSEAD and Cambridge).

Khalid Ismail – Chief Risk Officer

Khalid Ismail was appointed as the Chief Risk Officer in June 2022.

Khalid has worked in many banks over the years in different capacities holding management positions in Corporate banking and risk in several regions in the Kingdom. He worked as a Corporate Treasurer for one of the leading Saudi Corporations covering multiple asset classes across Public Equity, Private Equity, and Real Estate.

In addition to that, Khalid has held different board positions in companies in different sectors the last being an Independent Board Member and Chairman of the Audit Committee of MEDGULF Insurance company In 2018, Khalid joined Alawwal bank as Deputy Head of Corporate Banking.

Khalid graduated from Boston College with a Degree in Business Management and Accounting.

Rania AlSharyoufi – Chief Human Resources Officer

Rania has been the Chief Human Resources Officer since February 2022.

Rania is an accomplished HR Executive with over 10 years of experience in Human Resources. She started her professional journey in recruitment and talent management, and in 2014 progressed to a senior manager role in organizational development where she led several flagship programmes. In March 2018 she was appointed as the Head of HR in SABB Takaful until February 2020.

Rania holds a Master’s Degree in Human Resources Management from Brunel University. London, United Kingdom. She also has several HR accreditations including CIPD, the Work-Life Certified Professional (WLCP) and Coaching Leader (CLP), as well as executive education from London Business School, INSEAD and Harvard University.

Saeed Assiri – Chief Digital Officer

Saeed Assiri was appointed Chief Digital Officer on April 2022.

Saeed Assiri has over 13 years of experience working across the Saudi banking sector, during which he held several leadership positions. He joined SABB in 2021 as Head of the Digital Strategy and Innovation Department, where he oversaw the development of the bank’s strategy for innovation and digital transformation.

He holds a master’s degree in engineering and technology management from Portland State University, USA.

Abdulhamid Alharbi – Chief Internal Auditor

Abdulhamid Alharbi was appointed Chief Internal Auditor in May 2019.

He began his career with SABB as a Resident Trainee Officer, then moved on to Corporate Banking as an RM, and afterward as a Team Leader. After growing in Corporate, he joined the Audit function as a senior Manager. Later on, he moved between a several Leadership roles such as Regional Head of Corporate Banking for Central Province, Head of Wholesale Credit, Co-Head of Commercial Banking, and Head of Special Asset Management.

Ali Al-Qahtani – Chief Compliance Officer

Ali Al-Qahtani was appointed Chief Compliance Officer at SABB in April 2021.He joined SABB in 2013 and has held various compliance positions, the most recent being Deputy Chief Compliance Officer and Head of Financial Crime Compliance.

Ali has more than 22 years of in-depth experience and knowledge in Compliance and IT, in addition to his extensive experience in Financial Crimes, Fraud, internal control and IT project management. He had chaired number of banking committees in Compliance and Financial Crimes.

Ali Holds a Bachelor’s Degree in Law and a Diploma in Information Technology.

Ghada Al Jarbou – Chief Operating Officer

Ghada Al Jarbou is the Chief Operating Officer since October 2020. Ghada is a strong Saudi-talent leader and a youth professional with more than 22 years of diversified banking experience across different banking fields including Information Technology, Human Resources, Retail Banking & Wealth Management and Corporate and Institutional Banking. Throughout her career, she held various executive roles within SABB prior to her current recent including Senior IT Program Manager, Head of Service Delivery, Head of Retail Digital Banking and Retail Banking Chief Operating Officer, and recently the General Manager of Global Liquidity & Cash Management.

Ghada comes with a strong educational background where she holds a Master’s degree in Business Administration from University of Bath, UK, and had her bachelor’s degree in Computer Science from King Saud University.

Faten Abalkhail – Company Secretary

Faten Abalkhail, Company Secretary at SABB, is a seasoned banker with more than 21 years of experience with in-depth knowledge in planning, governance of strategic initiatives, execution, and process. She previously held various positions in Business, Operations, and Control functions including; Treasury, Retail, Strategy, and Finance groups. Faten was recently Head of Planning & Control in the Strategy and Finance function.

Faten Holds a Bachelor’s Degree in Home Economics and Nutrition and a Diploma in Computer Sciences, Programming & Information Systems.

Faris Alshareef – Chief Strategy Officer

Faris Alshareef was appointed as Chief Strategy Officer in March 2021. Previously, he served as Deputy Chief Financial Officer, Head of Investor relations and other roles at SABB. Prior to joining SABB, Faris worked in reputable organizations such as Ernst & Young, General Electric and Bahri. He played important roles in areas such as financial planning and analysis, reporting and commercial finance.

Faris graduated from General Electric’s leadership program (CAS) and passed CPA exams. He holds MBA degree from London Business School (LBS) and bachelor’s degree in accounting from King Fahd University of Petroleum and Minerals (KFUPM).

Lama Ghazzaoui – Chief Financial Officer

Lama Ghazzaoui was appointed Chief Financial Officer in April 2021. She was the Chief Financial Officer at NCB for 8 years with a long and successful 24 year career. She is widely respected in the industry and has considerable experience in all aspects of accounting and finance for financial institutions.

Lama is a Bachelor of Science graduate from the Lebanese American University in 1996 in Accounting, and then obtained her CPA accreditation in 2001 from the State of Colorado, USA.

Mohammed Abdullatif Al-Shaikh – Deputy Managing Director Treasury

Mohammed was the General Manager Treasury of Alawwal bank since 2012. Prior to joining Alawwal bank, Mohammed has held various treasury roles since 1994 at Samba, with extensive experience across functions including cash management, sales and trading. During his time at Samba Financial Group, Mohammed was Head of the Fixed Income Investment portfolio, Money Market and Treasurer of Samba London, and a member of the group’s Executive Management Committee.

Mohammed holds a Bachelor of Science in Finance from King Saud University in Riyadh, Saudi Arabia and has completed executive programs at INSEAD Fontainebleau and Oxford University.

Musaifer AlOsaimi – Chief Information Officer

Musaifer AlOsaimi has been SABB Chief Information Officer since 2016. He has more than 26 years of experience in the banking and technology fields. He started his career in 1994 in the Saudi Arabian Monetary Authority for more than 10 years within the Banking Technology department. In 2005, he joined SABB progressing through different roles in the Information Technology department like the Head of Payment Channels and the Head of Software and Solutions Development. Throughout the years, Musaifer played a substantial role in the strategic transformation of SABB IT. Musaifer has completed a number of executive training programs in management, leadership, and strategy offered by international centers and universities.

Mashaeal Alshebaiky – Chief Legal Officer

Mashael was appointed as Chief Legal Officer in January 2021. Prior to joining SABB, Mashael worked in top ranking law firms including AS&H-Clifford Chance LLP and K&A-Allen & Overy LLP, where she has gained considerable experience in advising financial and other institutions on a number of landmark transactions.

Mashael is qualified to practice law in the Kingdom of Saudi Arabia and the State of New York.

Mashael also holds a Master of Laws (LL.M.) from Duke University (US) and a Bachelor of Arts in Law from Prince Sultan University, (KSA).

Yasser Al-barrak – Chief Corporate and Institutional Banking Officer

Yasser Albarrak is the Chief Corporate and Institutional Banking Officer since 1 July 2022.

Yasser Al-Barrak was appointed to lead the corporate and institutional banking sector at SABB owing to his expertise and practical experience in the banking industry in the Kingdom spanning more than 18 years. Yasser joined SABB in 2012 and has held many leadership positions, the most recent being General Manager of Global Corporate and Institutional Banking since May 2019, and Co-Head of Global Banking from 2017 to 2019. Served also as Head of the Public Sector from 2013 to 2017.

He graduated from King Fahd University of Petroleum and Minerals with a Bachelor’s degree in Information Systems. He is a board member of Alawwal Invest Company, as well as the SABB Takaful Company’s Board of Directors.

Shariah Committee

All SABB’s IFS Islamic products, services and transactions are vetted and approved by an independent Shariah Committee to ensure total Shariah compliance.

The SABB Shariah Committee meets regularly for review and appraisal and is comprised of the following members:

Sheikh Dr. Abdullah Bin Mohammed Al Mutlaq – SC Chairman

Sheikh Dr. Abdullah is a consultant of the Royal Diwan and is a member of the Senior Sharia Scholars Council and a member of the Permanent Committee for Research and Pronouncements (Iftaa).

Sheikh Dr. Abdullah holds a PhD from Imam Mohammed Bin Saud University, Riyadh, Kingdom of Saudi Arabia in 1404H. Sheikh Abdullah is a Professor of Shariah and was formerly Chairman of the University’s Comparative Fiqh Department.

Sheikh Dr. Abdullah is a member of many Saudi banks’ Shariah Committees and also a member of numerous of Shariah Councils such as AAOFI Shariah Board Bahrain.

Sheikh Dr. Abdullah has supervised a number of PhD theses and has participated in the discussion of a number of MA and PhD dissertations. He has compiled a number of Shariah rulings (interpretive opinion) and is an author of a number of books and researches on Islamic economy.

Sheikh Dr. Abdullah Bin Eisa Aydhy – SC Member

Associate professor in Shariah department, Jazan University.

Member of several Shariah Committees of Islamic financial institutions, also a member of AAOIFI Shariah Standards Committee.

Member of KSA Law of Civil Procedures Team in judicial Legislation Committee, KSA.

Holds a PhD in comparative jurisprudence (Figh) from Al Imam Muhammad bin Saud Islamic University.

An author of number of books and researches in Islamic economy.

Sheikh Dr. Essam Bin Khalaf Alenazi– SC Member

Professor at the Department of Comparative Fiqh,- Kuwait University.

Member of Shariah Board, Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI).

Member of the Shariah Committee in many financial and Islamic institutions such as Boubyan Bank, Warba Bank, Ahli United Bank, Bank of London and the Middle East, and others.

Holds a PhD in comparative jurisprudence (Figh) from the Jordanian University.

An author of number of books and researches in Islamic economy.

The Saudi British Bank 36