The Saudi National Bank (SNB) has announced the appointment of Mr. Tareq Abdulrahman Al Sadhan as its new CEO, effective May 1, 2024, following the approval of the Saudi Central Bank. This strategic leadership decision underscores the bank’s commitment to strengthening its executive team with experienced professionals as it continues its growth trajectory.
Mr. Tareq Al Sadhan brings over 25 years of extensive experience across both the public and private sectors. His expertise spans auditing, taxation, financial consultancy, and banking operations. Al Sadhan has held prominent leadership roles throughout his career, most recently serving as the Chief Executive Officer of Riyad Bank. His leadership style has been recognized for driving organizational growth and operational excellence.
Academically, Mr. Al Sadhan holds a Master’s degree in Executive Business Administration from the renowned Ecole Nationale des Ponts in France, and a Bachelor’s degree in Accounting from King Saud University. He is also a fellow of the Saudi Organization for Chartered and Professional Accountants, and holds membership in the American Institute of Certified Public Accountants, further solidifying his strong foundation in finance and leadership.
With this appointment, SNB is set to continue its focus on strategic initiatives, enhancing customer experiences, and contributing to the financial sector’s growth in Saudi Arabia, aligned with Vision 2030. Mr. Al Sadhan’s extensive expertise and leadership will play a pivotal role in driving the bank’s future success.