FaceOf: Hamed bin Mohammed Fayez, Saudi deputy minister of culture

With his extensive work experience in the private sector, Hamed bin Mohammed Fayez is expected to inject creative ideas into the government service. (Supplied photo)
Updated 28 July 2018

FaceOf: Hamed bin Mohammed Fayez, Saudi deputy minister of culture

  • Since the beginning of his career, he has worked in a number of leading international and local financial institutions

Hamed bin Mohammed Fayez is the new Saudi deputy minister of culture.He was appointed by royal decree issued on Friday.

Fayez has been the head of Retail Banking Group at The National Commercial Bank (NCB) since August 2013 and serves as its executive vice president. He also serves as head of asset management at National Commercial Bank Capital, Private Equity. And he has been a non-executive director at Al-Ahli Takaful Co. since July 17, 2018. 

Fayez is responsible for growing the range of local Saudi, regional and international asset management services that NCBC offers its clients, as well as expanding its money market and global fixed income businesses. 

Before joining NCB in 2013, he served as a chief executive officer at Goldman Sachs Saudi Arabia. 

Fayez graduated from Johns Hopkins University in Baltimore, USA. He had a double major in mathematical sciences and economics and a minor in business and entrepreneurship. 

Since the beginning of his career, he has worked in a number of leading international and local financial institutions, including Credit Suisse Investment banking company, and Merrill Lynch Bank. 

In addition to his main job, he has worked on a number of committees and boards of directors, including the Technical Cooperation Program in the UK and the UAE, the Saudi Media Systems in Riyadh, and the NCB Capital’s Investment Management Company in Dublin, Ireland.

On June 2, 2018, King Salman announced the creation of a new Culture Ministry. The governor of the Royal Commission for Al-Ula, Prince Badr bin Abdullah bin Mohammed bin Farhan Al-Saud, was appointed as its new minister.

For decades Saudi Arabia has combined its culture and information ministries. The Ministry of Culture and Information was renamed the Ministry of Media.

 

 


5th Misk Global Forum brings innovators together

Photo/SPA
Updated 4 min 56 sec ago

5th Misk Global Forum brings innovators together

  • This year’s special edition of MGF is focusing on ‘the Ripple Effect’

RIYADH: The fifth edition of the Misk Global Forum (MGF) began on Monday.
The MGF brings together new and established innovators, creators and thinkers from around the world to share insights, discuss issues and enable young people to gain actionable skills. Due to the pandemic, this year’s annual gathering is mainly taking place online.
Shaima Hamidaddin, the MGF executive manager, said: “The pandemic has swept over us as a tidal wave of change, but there is momentum to build a more engaged, more sustainable, and more balanced future.”
“This year’s special edition of MGF is focusing on ‘the Ripple Effect.’ It’s about how our daily actions amplify each other so that ripples spread out from community to community, country to country, continent to continent to become waves of change around the world,” she said.
Other speakers during day one of the MGF included Alain Dehaze, the Adecco Group’s CEO and Marco Lambertini, director general of WWF International, Switzerland.