Fahd Ibrahim Al-Akeel, executive director of Saudi Payments

Fahd Ibrahim Al-Akeel
Short Url
Updated 05 September 2020

Fahd Ibrahim Al-Akeel, executive director of Saudi Payments

Fahd Ibrahim Al-Akeel is the newly appointed executive director of Saudi Payments, a Saudi Arabian Monetary Authority (SAMA) subsidiary, and operator of national payment network Mada.

The Cabinet in November 2019 approved SAMA’s request to establish Saudi Payments, responsible for operations and the development of the infrastructure of national payment systems.

The company aims to ensure that all payments and financial transactions processed in the Kingdom are safe and secure.

Al-Akeel has almost two decades of extensive experience in the business and financial sectors, where he held several leadership positions in leading Saudi companies and banks.

He has also obtained professional management degrees and certificates from Canada, Switzerland, and the US.

Al-Akeel started his career in 1998 as an advanced technology analyst at Riyad Bank, where he worked until 2002. 

After that, he worked with the National Agricultural Development Co. as project manager for one year and later joined Arab National Bank, where he stayed until 2008.

From 2008-2011, he was head of customer experiences and project management officer at SABB bank. In 2011, he joined Bank Al-Jazira as head of the business transformation group. In 2018, the Quality of Life program and the Najm Company for Insurance Services welcomed him as CEO. In becoming CEO, Al-Akeel anticipated a unique opportunity for the insurance sector in fulfilling the Kingdom’s Vision 2030.


Saudi cybercamp to train jobseekers in programming

Updated 18 September 2020

Saudi cybercamp to train jobseekers in programming

A cybercamp to train jobseekers in the field of programming has been launched in Saudi Arabia.
The Human Resources Development Fund (Hadaf), in cooperation with the Saudi Federation for Cybersecurity, Programming, and Drones (SAFCSP), will run the skills initiative as part of the Tuwaiq Cybercamp training program.
Fifty trainees will take part in the learning scheme which will provide information on iOS and Android app programming, individual mentoring sessions, and practical application with certified programming certificates.
The accord also aims to provide support toward maintaining future job security.