Quara Finance Co. Announces Appointment of a CEO
| Element List | Explanation |
|---|---|
| Introduction | Quara Finance Company announces its Board of Directors' decision (by circulation) No. (37-48-2026) approving the appointment of Mr. Abdulaziz bin Rasheed Al-Taleb as Chief Executive Officer (CEO) of the company, following the receipt of the Saudi Central Bank’s (SAMA) No-Objection letter. The Board of Directors expressed its best wishes to him for success in his duties to lead the company's operations, continue its growth journey, and achieve its strategic objectives. |
| Element List | Explanation |
|---|---|
| Appointment Type | Appointment |
| Name of the Appointed Person | Mr. Abdulaziz Rasheed Al-Taleb |
| Date of Board Resolution | 2026-10-06 Corresponding to 1448-04-25 |
| Date Work Commencement | 2026-10-07 Corresponding to 1448-04-26 |
| Brief Resume | Mr. Abdulaziz bin Rasheed Al-Taleb possesses distinguished professional expertise exceeding (20) years in the banking and financial services sector, specializing in operational management, risk management, credit, and regulatory compliance, where he held several senior executive positions. He currently serves as Chief Operating Officer (COO) at SHL Finance Company. Previously, he held prominent leadership roles, most notably Assistant General Manager and Head of Credit and Control Management at Arab National Bank (ANB), as well as Senior Manager of Business Risk and Control within the Commercial Banking sector at the Saudi British Bank. Throughout his career, he has successfully driven digital transformation initiatives and enhanced regulatory frameworks with high efficiency. Mr. Altaleb holds a master’s degree in Communication from Fort Hays State University in the United States and a bachelor’s degree in Journalism and Public Relations from Imam Mohammad Ibn Saud Islamic University, in addition to the Oxford Advanced Management and Leadership Certificate and the Certified Compliance Officer certification |
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