Sarah Al-Suhaimi reappointed as chairperson of the Saudi Arabian Stock Exchange
Al-Suhaimi has been at the head of Tadawul since February 2017 and is the first Saudi woman to hold the position
A Saudi trader monitors stocks at the Saudi stock market in Riyadh, Saudi Arabia, January 8, 2020.
By Staff Writer, Arab News
The Saudi Arabian Stock Exchange (Tadawul) recently reappointed Sarah Al-Suhaimi as chairwoman for the board of directors for a new three-year term.
Al-Suhaimi has been at the head of Tadawul, the largest stock market in the Middle East, since February 2017 and is the first Saudi woman to hold the position.
She has also been the chief executive officer and a board director of the National Commercial Bank (NCB Capital), also known as Al-Ahli Bank, since March 2014.
She attained her bachelor’s degree in accounting from King Saud University in Riyadh with highest honors, and completed the general management program at Harvard Business School in Boston, Massachusetts, US in 2015.
Prior to her current position, Al-Suhaimi served as the vice chairperson of the advisory committee to the board of the Capital Market Authority between 2013 and 2015.
Al-Suhaimi worked as the chief investment officer at Jadwa Investment, where she led the asset management and wealth management business lines and was also a member of its management committee between 2007 and 2011.
Al-Suhaimi was named one of “50 people to watch” by Bloomberg Businessweek in 2017. It wrote: “The first woman to chair Saudi Arabia’s stock market, she will preside over the exchange with what’s likely to be the world’s most valuable business once Saudi Arabian Oil, the state-run oil company, completes its initial public offering (slated for 2018).”
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