Alinma Bank appoints Saleh Alzumaie as Deputy CEO

Saleh Alzumaie, Deputy CEO of Alinma Bank

Alinma Bank's board of directors approved appointing Saleh Alzumaie as Deputy CEO, who will also continue as Head of Retail and Digital Banking.

The bank said this appointment is part of its efforts to empower leaders, and enhance the continuity of business development and career succession plans in the bank through strengthening the functional structure of qualified and effective leaders.

It added that Alzumaie played effective and leadership roles in the bank during his tenure as Senior Vice President and Head of Retail and Digital Banking.

Alzumaie has extensive practical experience in the banking field and participated in several achievements during the previous period. He worked with the retail and digital banking team to bring about remarkable transformations and distinguished breakthroughs that placed Alinma in a distinguished position among peers. This was accordingly reflected on the bank's financial results, which see constant growth. The retail banking services contributed significantly to digitizing customer experience, promoting youth-oriented products, and shaping a sustainable future for the bank and its customers.

Alzumaie has deep experience in the banking sector as he held leadership positions that contributed to the development and growth of services provided in the local banking industry, especially Islamic banking, treasury, retail banking, operations, digitization, insurance and payments. He was also a board member in Fintech Saudi, Jabal Omar Development Co., Ersal Money Transfer Co., and Al Rajhi Capital, in addition to chairing several other companies.

Commenting on the appointment, CEO Abdullah Alkhalifa said Alzumaie's contributions to Alinma's retail banking were more than transformative, as they greatly affected the growth of the bank's profits, in addition to the multiple criteria related to the bank's financial performance.

"We also believe that Alzumaie's new role, along with the amendments to the bank's structural and operating models, will help boost our services and products and deliver a better banking experience to customers,” Alkhalifa noted.