Mr. Stuart Gulliver, Chief Executive Officer of the HSBC Group, one of the world's largest financial services organizations, has completed a visit to Saudi Arabia where he met a number of senior government officials and key customers. He was accompanied by Sheikh Khaled Olayan, SABB's Chairman; David Dew, SABB's Managing Director and a number of senior executives from SABB and HSBC Group. His meetings included wide-ranging discussions on banking activities in the Kingdom and an exchange of views on the future direction of Saudi Arabia's financial sector.
Sheikh Khaled Olayan said: "We are delighted to host Mr. Gulliver's visit to Saudi Arabia. We see this visit as a timely occasion to mark another step in a long journey of successful collaboration between HSBC and SABB. Our partnership has regularly set new milestones in terms of growth and achievements, and we continue to remain the most successful joint venture bank in the country".
On his visit to the Kingdom, Stuart Gulliver said: "It is my great pleasure to visit Saudi Arabia for the second time this year. The country is a key strategic market for HSBC and we are fully committed to our excellent partnership with SABB and to our businesses in the Kingdom. We have enjoyed a strong and lasting partnership dating back to the 1970's and are very encouraged by future growth prospects."
David Dew, Managing Director of SABB, said: "We are delighted to have Stuart visit Saudi Arabia. His visit underlines the close partnership between SABB and HSBC, and the benefits enjoyed by SABB customers as a result of this partnership. SABB's customers have direct and immediate access to over 80 countries around the world where HSBC does business. Stuart's visit reaffirms this."
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© Press Release 2011
