BNY welcomes AlMashhadi
16 December 2025 Saudi Arabia
Image: LinkedIn
BNY has welcomed Alaa AlMashhadi as managing director and BNY Saudi Arabia country manager.
In this role, AlMashhadi will also serve as CEO of BNY’s legal entity in Saudi Arabia, leading BNY’s efforts to advance the Kingdom’s capital markets infrastructure, fostering sustainable growth, and enhancing the financial ecosystem.
Commenting on the hire, Hani Kablawi, head of international at BNY, states: “Alaa’s appointment comes at a transformative moment for the Kingdom’s financial services industry.
“Under his leadership, BNY remains steadfast in its commitment to supporting Saudi Arabia’s Vision 2030 by partnering with government entities, local financial institutions and businesses to achieve their ambitions.â€
AlMashhadi joins the firm from The Saudi Credit Bureau (SIMAH), where he served as chief business development officer and board member of its analytics subsidiary, Qarar.
AlMashhadi states: “BNY’s recent establishment of its regional headquarters in Riyadh strengthens our local presence and reflects our long-term commitment to the Kingdom’s strategic investment objectives.â€
In this role, AlMashhadi will also serve as CEO of BNY’s legal entity in Saudi Arabia, leading BNY’s efforts to advance the Kingdom’s capital markets infrastructure, fostering sustainable growth, and enhancing the financial ecosystem.
Commenting on the hire, Hani Kablawi, head of international at BNY, states: “Alaa’s appointment comes at a transformative moment for the Kingdom’s financial services industry.
“Under his leadership, BNY remains steadfast in its commitment to supporting Saudi Arabia’s Vision 2030 by partnering with government entities, local financial institutions and businesses to achieve their ambitions.â€
AlMashhadi joins the firm from The Saudi Credit Bureau (SIMAH), where he served as chief business development officer and board member of its analytics subsidiary, Qarar.
AlMashhadi states: “BNY’s recent establishment of its regional headquarters in Riyadh strengthens our local presence and reflects our long-term commitment to the Kingdom’s strategic investment objectives.â€
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Íø±¬³Ô¹Ï Finance Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Íø±¬³Ô¹Ï Finance Times
