Fitch names Saoud Al-Behairi as GM for Saudi ops

Fitch Ratings has appointed Saoud Sulaiman Al-Behairi as general manager in Saudi Arabia, the rating agency said in a statement on Monday.

Al-Behairi has served as deputy regional manager of business banking group at Banque Saudi Fransi for more than three years.

He had also been the senior relations manager at UAE’s Abu Dhabi Commercial Bank. Al-Behairi also spent four years at Alawwal Bank (formerly, Saudi Hollandi Bank) as a relationship manager in the corporate banking team.

The appointment came after Fitch had been licensed by the Capital Market Authority, the Kingdom’s market regulator, to conduct credit rating activities in Saudi Arabia.