Al-Mogbel assumed his role as CEO in 2020, and as managing director and board director in 2022. It made $4.4 billion in net income in 2023, and by the end of Q1 2024, it had $222.9 billion in assets. In June 2024, the bank announced it had exceeded $11.5 billion in foreign investment in its shares, making up 13.2% of its total shares. Before his current role, Al-Mogbel was COO at the bank followed by deputy CEO.