Alaa AlMashhadi

Alaa AlMashhadi was appointed as Managing Director and BNY Saudi Arabia Country Manager in December 2025, with appointment also to CEO of BNY's legal entity in Saudi Arabia. AlMashhadi brings two decades of experience across banking and digital transformations within Saudi Arabia's leading financial institutions.

AlMashhadi joins BNY from The Saudi Credit Bureau (SIMAH), where he served as Chief Business Development Officer and board member of its analytics subsidiary, Qarar. Prior roles include Director - Public Sector and Government Banking at Al Rajhi Bank, Country Sales Transactional Banking & Cash Management Head at Al Rajhi Bank, Cash Management & Liabilities Head at BNP Paribas, and Relationship Manager at Samba Financial Group.

Education: AlMashhadi holds a Bachelor's degree in International Banking and Finance from Sheffield Hallam University and an MBA from The University of Sheffield in the UK. He is a graduate of the MISK 2030 Leaders Program, a CISI-certified CME-1 holder, and a Board Diploma graduate from IMD Business School, Switzerland, specializing in governance, risk, and strategic leadership. AlMashhadi also holds a diploma from the Institute of Public Administration-Saudi Arabia.

Career History

• Managing Director and CEO, BNY Saudi Arabia (December 2025–present)
• Chief Business Development Officer and Board Member at The Saudi Credit Bureau (SIMAH)
• Director - Public Sector and Government Banking, Al Rajhi Bank
• Country Sales Transactional Banking & Cash Management Head, Al Rajhi Bank
• Cash Management & Liabilities Head and Head of Operations/Customer Services, BNP Paribas
• Relationship Manager and Management Information Systems & Compliance Officer, Samba Financial Group

What AlMashhadi could bring to BNY Saudi Arabia: Drawing on his two decades of experience spanning credit infrastructure, government banking relationships, and transactional banking across major Saudi financial institutions, AlMashhadi is positioned to accelerate BNY's capital markets ambitions in the Kingdom. His background in business development and digital transformation at SIMAH, combined with his deep public sector banking expertise from Al Rajhi, positions him to effectively bridge BNY's global capabilities with Saudi Arabia's Vision 2030 objectives and nascent fintech ecosystem.

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