Goldman Sachs has appointed Omar Alzaim as Chief Executive Officer of its Saudi Arabia operations as it looks to boost its presence in the country.
Alzaim will also continue in his role as Head of Investment Banking for Saudi Arabia, He joined Goldman in 2021 as an Executive Director and was named Managing Director in 2023. Prior to that, he served as an Associate Director in the investment banking advisory team at HSBC Saudi Arabia.
He succeeds Khalid Albdah, who left Goldman after nearly a decade in October.
Earlier this year, Goldman became the first Wall Street firm to receive the license to set up its regional headquarters in the kingdom. In October, it announced plans to open an office in the King Abdullah Financial District.
