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Business & Economy

NCB names new CEO

Saeed bin Muhammad Al-Ghamdi has been appointed new CEO of National Commercial Bank after the resignation of Abdul Kareem Abu Al-Nasr. This was announced yesterday by Mansour bin Saleh Al-Maiman, chairman of the board of directors of NCB.
He said the board accepted the resignation of Abu Al-Nasr, who wanted to get relieved of the position due to personal reasons, adding that the board commended Abu Al-Nasr’s services for the bank during the past years.
“The board appointed Al-Ghamdi as new chief executive officer who will take charge on March 1, 2013,” Al-Maiman said.
Al-Ghamdi is a well-known banker. He began his career as a computer engineer at the Ministry of Defense and Aviation. He later became the chief information officer and chief operation officer before becoming the director general of the personal banking group. He led the teams for the establishment of Al-Rajhi Bank in Malaysia and its branches in Kuwait and Jordan.

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