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Fawaz Abdullah AlThumairi

Fawaz Abdullah AlThumairi was appointed Deputy Chief Executive Officer of Saudi National Bank effective September 3, 2026, representing a significant step in his career at the institution. His appointment is part of SNB Group's efforts to strengthen executive leadership and evolve its operating model to support greater business integration, execution efficiency, and strategic delivery.

AlThumairi holds a bachelor's degree in Management Information Systems from King Fahd University of Petroleum and Minerals and has completed multiple executive leadership programs at leading international universities. He completed advanced programs including the Advanced Human Relations Skills Program at London Business School in 2013, Strategic Thinking and Competitive Advantage at Wharton Business School in 2015, High-Impact Leadership at Columbia Business School in 2019, and Scaling Profitable Growth at Wharton in 2023.

Career History

  • Senior Trader at Samba Financial Group (2008–2011)
  • Head of Treasury Trading and Foreign Exchange at National Commercial Bank (2011–2013)
  • Deputy Head of Treasury Trading at National Commercial Bank (2013–2020)
  • Deputy Head of Treasury Principal Strategies at National Commercial Bank (2020–2021)
  • Deputy Head of Global Transaction Banking at Saudi National Bank (2021–2022)
  • Head of Treasury Business Group at Saudi National Bank (2022–2026)

At SNB, AlThumairi manages the bank's balance sheet and investment portfolios strategically across a broad spectrum of asset classes. He serves as a member of multiple executive committees at SNB, and became Chairman of the Board of Türkiye Finans Katılım Bankası in May 2025.

What Fawaz AlThumairi could bring to his new role as Deputy CEO of Saudi National Bank: With nearly two decades of progressively senior leadership in treasury, trading, and global markets across Saudi Arabia's premier financial institutions, AlThumairi brings deep expertise in asset management, strategic financial planning, and business integration. His track record building and leading substantial trading portfolios managing complex asset classes, combined with executive-level programs from top international business schools, positions him well to support broader enterprise-wide strategy, operational efficiency, and market leadership during a period of significant growth and digital transformation at SNB Group.

Facts compiled by Executive Moves from publicly available news and press releases on 4 September 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.

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