Sarah Al-Suhaimi, born November 1979, is the first female appointed to the Saudia airline board as a private sector representative. The Kingdom’s Council has approved her appointment of Ministers.
The Saudi minister of transport, Saleh bin Nasser Al-Jasser congratulated Ms. Al-Suhaimi on becoming the first woman to hold this position in the companies 75-year history.
“I wish her success and for our company’s continued progress and prosperity,” Al-Jasser tweeted.
Chairperson Stock Exchange
Sarah Al-Suhaimi has also been the first woman to chair Tadawul, the Saudi stock exchange, the largest and the most successful stock exchange in the Middle East. She is currently the CEO and a board director of NCB Capital, a subsidiary of National Commercial Bank.
Career Path
Al-Suhaimi’s first four years at NCB Capital speak volumes for her financial insight and understanding of the market. NCB Capital’s assets under her management have gone up by more than 100 percent during this period, market share in brokerage and corporate finance has grown by leaps.
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Moreover, daughter of Jammaz Al-Suhaimi, a former president (2004 -2006) of the Capital Markets Authority of Saudi Arabia and former president of the Gulf Bank. Ms.Sarah Al-Suhaimi graduated from her accounting program at King Saud University with the highest honors. She has also completed the General Management Program from the Harvard Business School in 2015.
Before her association with National Commercial Bank, Ms. Al-Suhaimi was the Chief Investment Officer at Jadwa Investment, an independent asset management boutique and a leading player in the Capital market of Saudi Arabia. She joined Jadwa investment in 2007 as the head of portfolio management.
Furthermore, she started her career in asset management at the investment division of Samba, where she progressed to gain the position of Senior Portfolio Manager, co-managing USD 12 billion in local equities.
Ms. Sarah has led her company’s asset management and wealth management business and has been a management committee member. She enjoys full support from the Saudi government.
Also, working under the framework of Vision 2030, Sarah has led comprehensive efforts to integrate the Saudi capital markets into the global markets.
Role Model
Often cited as an example, in 2017, Ms. Al-Suhaimi was named one of “50 people to watch” by Bloomberg Businessweek. She has been the flag bearer for the working women and is a glowing example of Saudi women’s rising importance and presence in the economy—a crucial part of Vision 2030.
She is also a trustee of the IFRS Foundation, the International Financial Reporting Standards Foundation, and a We-Fi Leadership Champion.
