> ## Content Index
> Fetch the complete content index at: https://www.theglobalbanker.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# Saudi National Bank appoints Fawaz Althumairi deputy chief executive effective 3 September
- URL: https://www.theglobalbanker.com/saudi-national-bank-appointed-fawaz-althumairi-deputy-chief-executive-effective-3-september/
- Published: 2026-09-04T18:10:08.000Z
- Updated: 2026-10-02T01:11:22.000Z
- Description: Saudi National Bank appointed Fawaz bin Abdullah Althumairi as deputy chief executive officer effective 3 September 2026, elevating the head of its Treasury Group as the group strengthens its executive leadership.
- Author: TGB Editorial Team
- Tags: Executive Moves, MENA

Saudi National Bank appointed Fawaz bin Abdullah Althumairi as deputy chief executive officer of the bank effective 3 September 2026, according to a statement issued by SNB Group. Althumairi moves into the role from the head of the bank's Treasury Group. The group said the appointment forms part of an effort to strengthen its leadership structure and develop its operating model in a way that supports business integration and improves performance efficiency. The bank did not disclose the reporting lines or the specific portfolio attached to the new position in its announcement. 

SNB Group framed the appointment as coinciding with continued growth in its business and a widening scope of activity, and as part of work to deliver its strategic priorities, reinforce its capacity to keep growing and provide sustainable value to customers and shareholders. Saudi National Bank, listed on Tadawul under the code 1180, was formed from the merger of National Commercial Bank and Samba Financial Group. 

#### A TREASURY AND MARKETS CAREER

Althumairi's promotion follows an internal career that has run through the bank's markets, investment and transaction-banking businesses. Before taking charge of the Treasury Group, he served as head of trading, then head of strategic investments, and subsequently as head of cash management and global transaction banking, according to the bank's statement. 

He holds a bachelor's degree in management information systems from King Fahd University of Petroleum and Minerals and has completed several executive leadership programmes at leading universities internationally. 

#### WHAT THE ANNOUNCEMENT LEFT OPEN

Attention now turns to whether SNB Group discloses a fuller executive structure, including the division of responsibilities between the deputy chief executive and the group's other senior leaders, and to who succeeds Althumairi at the head of the Treasury Group. Neither detail was included in the announcement.