Riyad Bank
Member of the Board of Directors of Riyad Bank since 2022, representing the Public Investment Fund (PIF). He holds a Bachelor’s Degree of Science in Engineering from University of Pennsylvania in the United States of America and Master’s Degree in Business Management from Massachusetts Institute of Technology in the United States of America, with wide leading experience in the management and investment sectors.
Mr. Al-Madhi is currently the Direct Investments Co-Head of MENA Investments Division in the Public Investment Fund (PIF). He held various leading roles, including the CEO and Board Member of Abdul Latif Jameel Investments, CEO of Volkswagen Group Saudi Arabia, Assistant Deputy Governor of SAGIA, Advisor in McKinsey and Research Engineer in Saudi Aramco.
Mr. Al-Madhi is a member of the Board of Directors in several companies, such as ACWA POWER Company, Jada Fund of Funds Company, the Saudi Arabian Industrial Investments Company (Dussur).
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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.