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Citi Saudi Arabia appoints Fahad Aldeweesh as CEO

By Delisha Fernandes

July 25, 2023

  • Capital Market
  • Chief Executive Officer
  • Commerce
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CitiCiti has announced the appointment of Fahad Aldeweesh as Citi Saudi Arabia’s (CSA) Chief Executive Officer.

As CEO of Citi Saudi Arabia, Fahad Aldeweesh will oversee all businesses and operations in the local legal entity. He will be responsible for Citi’s business and governance in Saudi Arabia, coordinating the overall delivery of Citi’s strategy and serving the bank’s clients in the country.

“The Kingdom of Saudi Araba is a strategically important market for Citi, and we continue to invest in talent,” said Carmen Haddad, Vice Chairwoman-Citi Middle East and Country Officer-Citi Saudi Arabia. “Fahad is a seasoned banker with extensive experience in the financial industry. We welcome him to Citi and look forward to working with him to support our clients in the region’s largest economy.”

The bank provides a full range of financial advisory services for mergers, acquisitions and divestitures and advises on public and private projects, joint ventures, strategic alliances, and privatization. CSA also advises on debt and equity raising, structuring, and restructuring. The bank is licenced by The Saudi Arabian Capital Market Authority to provide a range of investment banking, capital markets, markets, and research services to its local and international clients.

Fahad Aldeweesh said, “I am excited to assume the role of Chief Executive Officer of Citi Saudi Arabia. Vision 2030 has produced exciting opportunities for local and international investors across financial markets and the wider economy. As the Kingdom unlocks new sectors and further integrates into the global economy, significant banking opportunities are produced to facilitate partnerships, investments, trade, and commerce. With the rest of the team on the ground, I look forward to building on the strong foundation of the franchise and keep delivering strong results for our partners.”

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