SNB gets new CEO: The Saudi National Bank (SNB), the Kingdom’s largest lender by assets, has named Tareq Al Sadhan (Linkedin) as its new CEO effective 1 May, it said in a disclosure to Tadawul yesterday. Al Sadhan succeeds acting CEO Talal Al Khereiji (bio), who is stepping down for “personal circumstances,” effective 30 April.

Al Sadhan is no stranger to the banking industry, having served as Riyad Bank’s president and CEO from April 2019 to January 2024. Prior to joining the bank, he served as acting director general for the Zakat, Tax and Customs Authority and was previously Saudi Central Bank Sama’s deputy governor for supervision. He is currently a member of the Public Investment Fund (PIF)’s audit committee and is a member of Mastercard’s advisory board.

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