Riyad Bank
Naif Alghaith, PhD, serves as the Chief Economist at Riyad Bank since October 2021 and previously led the G20 finance track program from September 2019 to December 2021. Alghaith has extensive experience at the Saudi Arabian Monetary Authority, where roles included Director of Monetary Policy and Financial Stability and Economic Specialist. Additional experience includes advising at the World Bank Group and providing instruction as an Economics Tutor at Swansea University. Alghaith began a career in finance as an Accountant at Saudi Investment Bank and has also worked in various capacities including a financial reporter at Alghaith Corporation and an accounting intern at Ernst & Young. Educational credentials include a Ph.D. in Financial Economics from Swansea University, an MA in Economics from the University at Buffalo, and a B.Sc. in Accounting from King Saud University.
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Riyad Bank
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Riyad Bank is engaged in banking and investment services. It operates through the following segments: Retail, Investment banking and brokerage, Corporate, Treasury and investments and Other. The Retail segment focuses on the deposit, credit and investment products for individuals and small to medium sized businesses. The Investment banking and brokerage engages in investment management services and asset management activities related to dealing, managing, arranging, advising and custody of securities. The Corporate segment handles customers' current accounts, deposits and providing loans, overdrafts and other credit facilities and derivative. The Treasury and investments segment provides money market trading and treasury services as well as the management of the Bank's investment portfolios. The Other segment includes income on capital and unallocated costs pertaining to head office, finance division, human resources, technology services and other support departments and unallocated assets and liabilities. The company was founded on November 23, 1957 and is headquartered in Riyadh, Saudi Arabia.