Mohammed Alajmi new GM of Deutsche Bank Riyadh

Mohammed Alajmi
Updated 23 September 2018

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.


Bupa Arabia supports the underprivileged & orphans

Updated 26 May 2020

Bupa Arabia supports the underprivileged & orphans

Bupa Arabia for Cooperative Insurance has partnered with the Ministry of Human Resources and Social Development to distribute 3,000 food baskets among underprivileged families, which are registered with the ministry’s Social Welfare and Family Welfare Agency. The initiative comes in line with the spirit of Ramadan, a month of giving, and in response to the COVID-19 outbreak.

This year, orphans who are covered under Bupa Arabia’s free health insurance program will help in preparing and distributing the baskets to inculcate a sense of giving among them.

Dr. Abdullah Al-Wahaibi, undersecretary at the Social Welfare and Family Welfare Agency, hailed Bupa Arabia’s move to involve orphans in preparing and distributing baskets under the supervision of the agency, saying: “This is a caring gesture from Bupa Arabia, and it promotes a sense of belonging among orphans while cultivating the principles of giving, communication and closeness between them and society.”

He added that the initiative supports what the company has been offering orphans for years. More than 2,600 orphans, living in more than 47 homes across the Kingdom, benefit from Bupa Arabia’s free health insurance program. The program includes divorced orphans and widows who live with their children in social care homes.

Loay Hisham Nazer, chairman of Bupa Arabia, said: “The orphans will be joining hands to assemble and distribute baskets to the families in an attempt to get a sense of the pride of giving during the holy month. We’ve also extended this to our employees, who collectively prepared 411 food baskets. We hope that we make a real and positive impact through this initiative.”

Bupa Arabia was the first company to offer free health insurance for residents of “Dar Al-Rafeef” in 2011. Three years later, in 2014, the program expanded to cover all orphans residing in shelters supervised by the Ministry of Human Resources and Social Development.

“We believe that in order to play a proactive role in society, we need to provide more than just health insurance; we should aim to become the health care partner for every orphan in Saudi Arabia. Therefore, we would like them to know that we are always by their side,” Nazer said, adding that the orphans receive special treatment and the same services that are given to some VIP clients.

The free health insurance program offers a range of quality services, including a designated hotline to receive calls and provide immediate assistance. Bupa Arabia also developed an integrated program that enables doctors to visit beneficiaries periodically for checkups, and regularly organizes health education workshops to raise awareness. The program is approved by the Cooperative Health Insurance Council and covers all treatments, including plastic surgery, dermatology, and even cases that are not covered by regular health insurance.