FaceOf: Rania Nashar, CEO of Samba Financial Group

Updated 28 October 2018
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FaceOf: Rania Nashar, CEO of Samba Financial Group

  • Rania Nashar is the first female chief executive of a listed Saudi commercial bank
  • She was among another six Saudi women on the Forbes Middle East’s Most Influential Women list this year

Rania Nashar has been CEO of Samba Financial Group since February 2017, leading Saudi Arabia’s third-largest financial institution. 

She is the first Saudi female to hold this position at Samba Financial Group and the first female chief executive of a listed Saudi commercial bank.

She has more than two decades of experience in the banking sector. Previously she was chief audit executive at Samba Financial Group for two years and five months, and head of compliance for five years and eight months, as well as holding other positions.

Nashar’s contribution to Samba Financial Group includes working on its merger with United Saudi Bank and overseeing the development of its digital services, as well as helping the bank’s transition to a fully Saudi institution after Citibank’s decision to withdraw its management agreement in 2003.

As head compliance officer, she led major projects including building a centralized regulatory compliance department and developing company-wide anti-money laundering strategies.

She was among another six Saudi women on the Forbes Middle East’s Most Influential Women list this year.

Nashar has a bachelor’s degree in computer science and information technology from King Saud University, Riyadh, and graduated in 1997.

Speaking at the Future Investment Initiative in Riyadh, she said: “We are embracing digitization and making it part of every business unit. Today customers are using mobiles and are comparing banks to tech-driven services – they want banking but they don’t want banks.”


MWL chief receives World's Religions Peace Award

Muslim World League (MWL) Secretary-General Dr. Mohammed bin Abdul Karim Al-Issa receives World’s Religions Peace Award from John Duke Anthony, founding president of the National Council on US-Arab Relations (NCUSAR), in Washington on Wednesday. (SPA)
Updated 21 min 54 sec ago
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MWL chief receives World's Religions Peace Award

  • Al-Issa has carried out many missions to combat extremist ideology and promote the values of fairness and moderation

RIYADH: The National Council on US-Arab Relations (NCUSAR) has awarded the secretary-general of the Muslim World League, Dr. Mohammed bin Abdul Karim Al-Issa, the World’s Religions Peace Award in recognition of his international efforts to promote peace among worshippers.

The NCUSAR founding president, John Duke Anthony, handed the award to the MWL secretary-general at a ceremony in Washington on the sidelines of his visit to the US.

Al-Issa has carried out many missions to combat extremist ideology and promote the values of fairness and moderation within the framework of enlightened Islamic discourse. 

This initiative is part of the cultural communication program and the implementation of the values of tolerance and coexistence in efficient practical programs, especially in religious and ethnic pluralistic countries. 

It focuses on moderation and tolerance, which are the values and principles of Islam, promoting diversity and the preservation of the human right to live in peace, dignity and legitimate freedom.

Since he became MWL secretary-general, Al-Issa has spread true Islamic values and achieved many successes in the Islamic and international world during his many journeys around the world.