Investment Bank CEO resigns and Salman Al-Fagama named successor

The Saudi Investment Bank announced the resignation of CEO Faisal bin Abdullah Al-Omran and appointed Salman bin Badr Al-Fagham as his successor, effective October 1, 2026. This move is part of administrative changes to prepare for the upcoming phase, as Al-Fagham brings over two decades of experience in the banking sector, including roles at the Saudi Central Bank and leadership positions within the bank. He is known for his extensive knowledge of regulatory and financial aspects. The appointment aims to enhance efficiency and promote national competencies in leading the bank toward achieving its future goals.

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