Al Rajhi Capital elevates Hossam Al Basrawi to CEO role

Al Rajhi Capital, a leading financial services firm, has promoted Hossam Al-Basrawi to the role of Chief Executive Officer, effective March 2025.  

Hossam shared the news on LinkedIn, stating, "I’m happy to share that I’m starting a new position as Chief Executive Officer at Al Rajhi Capital!"  

Hossam has been associated with the financial services firm as an Executive Committee Member since 2023, while also serving Al Rajhi Bank as the General Manager - Corporate Banking since March 2020. In 2023, he also served as a board member for the bank’s Malaysian operations.

Hossam brings nearly three decades of leadership experience in finance and banking to his new role. Currently, he also serves atmaal as an Executive Committee Member, EMKAN as a Board Member, and neoleap as the Vice Chairman.  

Before joining Al Rajhi, Hossam worked with Banque Saudi Fransi as the Country Head of the Corporate Banking Group for nearly 16 years, with Samba Financial Group as a Senior Manager of the Corporate & Investment Banking Group, and with Saudi Investment Bank and Alawwal Bank as a Relationship Manager.  

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On the academic front, Hossam has completed a Finance and Financial Management Services program from Harvard Business School and a Leadership Program from INSEAD. He holds strong competencies in financial analysis, business strategy, corporate finance, risk analysis and management, and leadership. 

Hossam is expected to succeed Waleed AlRashed AlHumaid, who has served as CEO since 2020, although no official announcement has been made yet. Waleed