Sulaiman bin Abdulaziz al-Rajhi

03 August 2010

A key person leading the development of Saudi Arabia’s banking sector

Sulaiman bin Abdulaziz al-Rajhi

Company: Al-Rajhi Bank
Position: Chairman and managing director

Biography: As the largest individual shareholder in Al-Rajhi and also its chairman and managing director, Sulaiman bin Abdulaziz al-Rajhi holds sway over Saudi Arabia’s most profitable bank, and the world’s largest Islamic bank.

It is also the largest bank in Saudi Arabia without state ownership. His career can be traced back to his upbringing in the Nejd desert, where he and his brothers built up a business empire offering foreign exchange and remittance services to pilgrims and expatriate workers in Saudi Arabia. The Al-Rajhi family now has interests in industries from cement production to packaging and agriculture.

Now in his 90s, Sulaiman al-Rajhi remains an influential figure in both the business and banking sector in the kingdom. He also founded a charitable organisation, the SAAR Foundation, and is chairman of the National Agricultural Development Company.

Contact: (+966) 1 460 3333

A MEED Subscription...

Subscribe or upgrade your current package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications