Mohammed Alajmi new GM of Deutsche Bank Riyadh

Mohammed Alajmi
Updated 23 September 2018
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Mohammed Alajmi new GM of Deutsche Bank Riyadh

Deutsche Bank has announced the appointment of Mohammed Alajmi as general manager of Deutsche Bank AG Riyadh Branch in Saudi Arabia. 

Jamal Al-Kishi, chief executive officer, Middle East and Africa, said: “Over 12 years, our bank has grown its presence in the Kingdom to now boast one of the largest populations of local Saudi talent at any international financial institution. The development of our workforce is just one example of Deutsche Bank’s deep commitment to the Kingdom and Mohammed’s appointment is a further reflection of the strength of our local Saudi team, of which we are extremely proud.” 

He added: “I am confident Mohammed will utilize his impressive network and deep local knowledge of the financial sector.” 

In his new role, Alajmi will oversee the bank’s business regulated by the Saudi Arabian Monetary Authority (SAMA), working closely with business units and infrastructure functions to deliver the bank’s services to its Saudi clients whilst ensuring strict compliance with regulatory requirements.

Alajmi joined Deutsche Bank in 2012 after more than a decade’s experience working in local financial institutions in the Kingdom. He was appointed chief operating officer in June 2015 overseeing the bank’s activities across all businesses and infrastructure functions.


Bahri’s maritime solutions on show

Updated 20 February 2019
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Bahri’s maritime solutions on show

Saudi shipping company Bahri is demonstrating its commitment to advancing the growth of maritime industry and improving security in the logistics business at the International Defense Exhibition (IDEX) and Naval Defense and Maritime Security Exhibition (NAVDEX).

The events are being held under the patronage of Sheikh Khalifa bin Zayed Al-Nahyan, president of the UAE and supreme commander of the UAE Armed Forces in Abu Dhabi from Feb.17-21.

Khaled bin Hussain Biyari, assistant minister of defense — executive affairs; General Awwad Eid Al-Balawi, director general of Saudi Arabian Border Guards; and other officials visited Bahri’s booth during the events.

As part of its participation, Bahri is showcasing its maritime capabilities and innovation-driven solutions at the largest defense expo in the Middle East. The company is also highlighting its unmanned surface vessels (USVs) at its booth. Powered by MAP Pro technology, which transforms any vessel into an autonomous one, Bahri’s USVs are capable of numerous applications, including gathering data, surveillance and reconnaissance. In addition, the vessels offer significant cost savings and reduce human workload in high-risk operations. 

Bringing together more than 1,310 specialized companies from 62 countries, both events offer a strategic business platform for exhibitors to present their latest naval, maritime and coastal security technology, equipment and crafts, and explore partnership opportunities with local and international companies. 

Abdullah Aldubaikhi, CEO of Bahri, said: “Events such as IDEX and NAVDEX provide a unique opportunity to gather new insights into new security technologies that can help companies thrive in a safe and secure trade. With Saudi Arabia being at the forefront of efforts aimed at maintaining stability and security in the region, maritime security is a key focus area for the Kingdom.” 

Aldubaikhi added: “Bahri’s presence at IDEX and NAVDEX 2019 is part of our strategy to further strengthen our offerings to enhance the Kingdom’s maritime capabilities and support its transformation as the world’s leading logistics hub. The exhibition also provides us with an excellent platform to connect with our customers and explore new partnership opportunities that will further drive our ambitious expansion plans.”

Bahri Logistics, one of the five business units within Bahri and one of the top 10 breakbulk carriers in the world, operates six new state-of-the-art multipurpose vessels that are capable of carrying different types of cargo, including project, ro-ro, breakbulk, equipment, and container cargo.