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Mohamed Fada’eli Named New CEO of Alinma Investment

Mohamed Fada’eli Named New CEO of Alinma Investment

24 Dul-Qa'da 1432 H - 22 October 2011 G

Mr. Mohamed Bin Abdullah Saleh Fada’eli has been appointed as the CEO of Alinma Investment, the investment arm of Alinma Bank. As such, Mr. Fada’eli joins a distinguished group of investment professionals dedicated to the delivery of exemplary, Shariah-compliant investment services. Mr. Fada’eli is an outstanding figure in the field of investment. He has spent more than 26 years in the industry and has held several leadership positions. Most recently, he served as CEO of Anfal Capital. Mr. Fada’eli holds a Masters degree in Economics from the University of Colorado, USA, and has extensive experience in banking and investment.

It is worth mentioning that Alinma Investment is a Saudi closed joint stock company that was founded by Alinma Bank with a paid up capital of SAR 250,000,000 (two hundred and fifty million). Its mission is to be a leading provider of integrated, Shariah-compliant products and investment services, through the application of best practices and through the use of the latest in financial service industry technology. Alinma Investment is licensed to practice all securities-related business including acting as principal and agent, underwriting, management, arrangement, counseling and custody. The company has already launched its operations and has branches across the Kingdom. More information about Alinma Investment can be obtained by visiting the company website (www.alinmainvestment.com) or by calling its toll-free number, 8004413333.

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