Rank: #17
Waleed A. Al-Mogbel
Sector: Banking and Financial Services
Company: Al Rajhi Bank
Designation: CEO
Nationality: Saudi
Residence: Saudi Arabia
Al Rajhi Bank achieved net profits of $2.8 billion in 2020, up by 4.3% compared to 2019. Last year, the bank’s breast cancer awareness campaign, held in October 2020 in collaboration with the Gulf Center for Cancer Control & Prevention at the King Faisal Specialist Hospital and Research Centre in Riyadh reached 778 women through its awareness lectures and training sessions. Al-Mogbel joined the bank in 2007 and was appointed CEO in January 2020, overseeing its network of over 9,600 employees. He has been working in the banking industry for over 20 years.