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BNY Saudi Arabia

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BNY Saudi Arabia operates as a regional headquarters for Bank of New York Mellon Corporation (NYSE: BK), providing strategic, administrative and corporate services across the Middle East. Based in Riyadh, the operation provides asset servicing solutions including global custody services, global risk solutions, custody FX, and institutional accounting under a Capital Markets Authority license.

BNY has maintained a decades-long presence in Saudi Arabia and across the Gulf Cooperation Council region. As of March 31, 2025, BNY Mellon managed $53.1 trillion in assets under custody and/or administration and $2 trillion in assets under management, serving over 90% of Fortune 100 companies and nearly all the top 100 banks globally.

Recent Leadership News

Alaa AlMashhadi was appointed Managing Director and BNY Saudi Arabia Country Manager in December 2025, bringing two decades of banking and digital transformation experience to lead the Kingdom's capital markets development.

Sources

Auto-generated profile. Facts compiled by Executive Moves' AI editorial assistant from publicly available news and press releases on 22 May 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.