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.