HSBC Saudi Arabia has a new boss: HSBC has appointed Faris AlGhannam (LinkedIn) as CEO of its Saudi unit effective Saturday, according to a statement picked up by Bloomberg. AlGhannam, a Saudi national, has been working with the bank for over a decade and currently serves as HSBC Saudi Arabia’s deputy CEO. He succeeds Rajiv Shukla (LinkedIn) who has been promoted to senior managing director and adviser to the regional CEO.

Al Ahly Football Company welcomes new management: Al Ahly Football Company’s general assembly has appointed Adli El Kiei as its new chairman, it said in a statement. El Kiei replaces Yassin Mansour, who resigned with the rest of the board over the summer. Shareholders also selected two new board members, former Microsoft general manager Khaled Abdel Kader and Ahmed Awad, who once sat at Egyptian Football Association’s (EFA) Fifa-appointed board.

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