https://arab.news/c8y5v
Saleh Al-Furaih was recently appointed CEO of the Saudi National Bank’s Digital Ventures and Payments Co.
The new company has been set up with the aim of expanding digital banking services and payments within the bank.
Al-Furaih has more than 25 years’ experience working in the financial sector and financial technology.
Prior to his appointment, he was CEO of financial technology at Sonomi Group and served as head of noon.com in Saudi Arabia, one of the largest e-commerce platforms in the region.
He also held the position of general manager of retail banking at Bank Albilad, as well as several leadership roles at Al-Rajhi Bank.
He gained a bachelor’s degree from King Fahd University of Petroleum and Minerals, a master’s degree from the University of Southern California in Los Angeles, and a Ph.D. from Newcastle University, all in the field of computer science.
On his new job, Al-Furaih pointed out the importance of converting strategic objectives into tangible results, highlighting the progress made by the Saudi National Bank in digital technology as part of its strategy to contribute toward meeting the goals of the Financial Sector Development Program, a key part of Vision 2030 aimed at enhancing the digital economy and supporting technological innovation in financial services.
He noted the requirement to keep pace with digital transformation and to meet the changing needs of customers.