Ammar A. Al-Khudairy, board chairman of the newly formed bank following the merger of NCB and Samba

Ammar A. Al-Khudairy
Short Url
Updated 13 October 2020

Ammar A. Al-Khudairy, board chairman of the newly formed bank following the merger of NCB and Samba

Ammar A. Al-Khudairy is the board chairman of the newly formed bank following the merger of the National Commercial Bank and Samba Financial Group.
Before the merger, he had been working with the Samba group as its chairman since January 2019.
Al-Khudairy held key leadership positions in various Saudi financial institutions such as Riyad Bank, United Saudi Bank, and Banque Saudi Fransi.
With over 30 years of experience in the financial sector, he is considered an expert in corporate banking, project finance, corporate finance, mergers and acquisitions, and asset management. Al-Khudairy has been the managing director and executive partner at Amwal AlKhaleej Investment Co. since 2004. He has been a board member of various public and private organizations such as Almarai Co., Saudi Real Estate Development Fund, Arabian Shield Insurance Co., Fawaz Abdulaziz Alhokair Co., Real Estate Development Co., Zohoor Alreef Co., National Automotive Co., Al-Tayyar Travel Group, Savola, Kingdom Holding, Herfy and Economic Cities Authority. He has been serving as deputy chairman of Saudi Pharmaceutical Industries & Medical Appliances Corp. since 2019. Al-Khudairy is also the director of the Dubai-based Amwal Capital Partners Ltd. and the UAE-based Samba Financial Group.
He also served as board chairman at the Allianz Saudi Fransi for Insurance, Goldman Sachs Saudi Arabia, and Morgan Stanley, Saudi Arabia.
Al-Khudairy obtained a bachelor’s degree in civil engineering and a master’s degree in engineering administration at George Washington University in the US.

 


Real Madrid aim to put crisis behind them

Updated 3 min 18 sec ago

Real Madrid aim to put crisis behind them

MADRID:  Real Madrid will be hoping to leave their sticky patch behind them when they play Huesca in La Liga on Saturday, with an early six-point lead to preserve over Barcelona.

The resignation of Barca’s club president Josep Maria Bartomeu has overshadowed what has been a dramatic week for Madrid, who barely salvaged a 2-2 draw against Borussia Monchengladbach in the Champions League on Tuesday.

Trailing 2-0 with three minutes left, Madrid were facing a defeat that would have squandered the momentum gained from last weekend’s Clasico win at Camp Nou.

A late double from Karim Benzema and Casemiro ensured Zinedine Zidane’s side snatched a draw that felt like a win but to consolidate that positivity, they cannot afford another slip this weekend.

“The team is what it has shown, it’s about a reaction,” said Zidane. “The first half was very good, we played well. The pity is we conceded the first goal, but we continued to think it was possible, even at 2-0.

“That showed the character of the team and I’m very proud of them. We are not happy because we want to win, but we must be happy with the performance.”

Madrid play a Huesca side that is yet to win this season, as they followed four consecutive draws with a 4-1 loss away at league leaders Real Sociedad on Sunday.

Zidane could also hand Eden Hazard his first start since August, after the Belgian came off the bench in midweek.

That was Hazard’s first appearance of the season as he tries to overcome his latest injury setback, which the club have only described as a muscle injury.

“It’s good. I’m here to play football,” said Hazard on Wednesday. “After two or three months off the pitch, I’m so happy. I just want to play football, that’s why I’m here.”

On the last-gasp draw in Germany, Hazard said: “We showed great character, to be 2-0 down with five minutes to play, I think we could have scored one more, I could have scored one more, but I missed. It’s not three points but it feels like a victory.”

Zidane was determined to give Hazard time to recover fully and he believes the club will have to be cautious.

“He’s just started playing. It is his first game after a long time away,” said Zidane. “The plan was for him to try to play but little by little is what we have to do.”

A Madrid victory against Huesca could send them back to the top of the table, above Real Sociedad who are the only team to have retained top spot in consecutive rounds so far this term.

Real Sociedad play away at Celta Vigo on Sunday, just before third-placed Granada host Levante and struggling Valencia play at home to Getafe.

If Atletico Madrid win their two games in hand they will go top, with Diego Simeone’s side away at Osasuna on Saturday.

Barcelona, who beat Juventus on Wednesday, also have two games in hand but are seven points off the lead. Their new era without Bartomeu begins in La Liga away at Alaves on Saturday night.