GIB Capital gets new CEO

Osamah Mohammed Shaker

Gulf International Bank (GIB) has appointed Osamah Mohammed Shaker as the new CEO of GIB Capital LLC, a wholly owned subsidiary of GIB, effective since June 29.
Shaker comes with substantial Saudi banking experience in both international and domestic financial institutions.
Most recently, Shaker held the position of director general of Banking Control overseeing and regulating all the commercial banks in Saudi Arabia and senior adviser to the deputy governor for supervision at the Saudi Arabian Monetary Agency (SAMA).
Prior to that, Shaker gained over 16 years of banking and investment experience in the Kingdom with the Saudi British Bank and HSBC Saudi Arabia.
During his time at HSBC Saudi Arabia, Shaker held executive level positions as MD — head of investments, and subsequently MD — head of financial markets.
GIB's CEO Abdulaziz A. Al-Helaissi, commented on the appointment, saying: “I am delighted to welcome Osamah to GIB. We are fortunate to have a man of his experience lead our investment banking services. He will play a pivotal role in realizing GIB Capital’s strategic development.”
Shaker is a holder of the Bachelor of administrative sciences degree in quantitative methods from King Saud University, Riyadh and a Master of Science degree in statistics from Colorado State University, Fort Collins, the US state of Colorado.
Shaker also worked at the Institute of Public Administration, teaching statistics and providing statistical consultation.