Saudi Awwal Bank (1060.SR)

38.10 +0.75 (+2.01%) As of 11:35AM AST. Market open.

Saudi Awwal Bank

PO Box 9084
Riyadh 11413
Saudi Arabia
966 9 2000 7222
https://www.sab.com

Sector(s): Financial Services
Industry: Banks - Regional
Full-time employees: 4,195

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Anthony William Cripps	MD, CEO & Executive Director	N/A	N/A	N/A
Ms. Lama Ahmad M. Ghazzaoui	Chief Financial Officer	N/A	N/A	1975
Ms. Ghada Al Jarbou	Chief Operating Officer	N/A	N/A	N/A
Mr. Mohammed Abdullatif Al-Shaikh	Chief Treasury & Investment Officer	N/A	N/A	N/A
Mr. Musaifer AlOsaimi	Chief Information Officer	N/A	N/A	N/A
Ms. Mashael Mazyad Alshebaiky	Chief Legal Officer	N/A	N/A	N/A
Mr. Ali Alqahtani	Chief Compliance Officer	N/A	N/A	N/A
Mr. Ibrahim Abo-Mouti	Head of Corporate Communications	N/A	N/A	N/A
Ms. Rania AlSharyoufi	Chief Human Resources Officer	N/A	N/A	N/A
Ms. Faten Abdullah Aba Al-Khail	Company Secretary	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in SAR.

Description

Saudi Awwal Bank, together with its subsidiaries, provides banking and financial services in the Kingdom of Saudi Arabia. The company operates through Wealth & Personal Banking, Corporate and Institutional Banking, Treasury, Capital Markets, and Others segments. The company's personal banking services include current, savings, wafer, SAB green, premier, advance, AL ruwaad, and commodity investment accounts; personal and home financing, and financing against investment products; credit, debit, travel, and prepaid cards; wealth management solutions; investment solutions; payments and transfer services; e-statement; private banking services; safe deposit lockers; and online, mobile, and phone banking services. Its business banking services comprise deposit accounts, credit facilities, and business credit cards; liquidity and cash management services, including liquidity, collection, and payment management services, and point of sale services; and trade and receivables finance services, which include export and import services, guarantees, structured trade solutions; and markets products and services comprising foreign exchange, derivative solutions, deposits and loans, bonds, fixed income, structured products, and Islamic solutions, as well as economic research and market analysis. The company also acts as an insurance agent; asset management services; trades in derivatives and repo activities; and purchases, sells, and leases land and real estate properties. The company was formerly known as Saudi British Bank and changed its name to Saudi Awwal Bank in June 2023. Saudi Awwal Bank was founded in 1978 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

Corporate governance

Saudi Awwal Bank’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.