SHB announces new appointments

SHB announces new appointments
Updated 25 July 2012
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SHB announces new appointments

SHB announces new appointments

Mohammed Al-Sheikh has been appointed as director general of treasury at Saudi Hollandi Bank (SHB).
Before joining SHB, Al-Sheikh worked for 18 years at Samba Financial Group (SFG) and assumed a series of posts in different departments including treasury, sales, assets management, trading and liabilities. During his tenure at SFG, Al-Sheikh realized a quantum leap in the revenues of the treasury and high growth rate in operating performance.
Meanwhile, SHB 's MD Bernd van Linder welcomed the joining of Al-Sheikh to the family of SHB and expressed confidence that he will lay down a comprehensive strategy for managing the treasury based on his extensive experience and knowledge of domestic and global markets.
In a related development, SHB has appointed Mufaid Al-Jishi as the first director general of the banking group for large-scale corporations. SHB has recently introduced this new unit within its efforts to strengthen banking and financing services to corporate sector in the Kingdom.
Al-Jishi's selection to the post was based on his vast banking experience for more than 15 years in areas related to risk management, corporate banking and large enterprises. He has assumed the post of head of risk management at SHB for the last two years, according to the statement.