Samba Financial Group’s board has named Rania Mahmoud Nashar as chief executive officer, effective immediately, the group said in a statement Sunday.

 

Nashar has 20 years of experience in the banking sector. She has served in several executive positions within Samba, and is a board member for Samba Bank Limited in Pakistan and Samba Global Markets Limited Company.

 

Nashar was also the first Saudi female to be a Certified Anti-Money Laundering specialist by the Association of Certified Anti-Money Laundering Specialists (ACAMS) in USA.  

 

Meanwhile, the bank said it has accepted the resignation of general manager Sajjad Razvi, who stepped down for “personal reasons.” 

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