The Banking Executive Magazine - May 2026 Issue - New

Career Chronicle Bashaar Yahya Al Qunaibit has been appointed as the new CEO of Saudi- listed Bank Al Bilad. The current CEO, Abdulaziz Mohammed Al On- aizan, will move into a non-execu- tive role as chairman of the board. Al Qunaibit was serving as the Senior Executive Vice President for Business at Bank Albilad and has a 25-year ca- reer in the financial services sector. The changes at the bank are part of a broader leadership reshuffle. Nasser Mohammed Al Subaie will step down as Chairman of the Board, ef- fective June 1. However, he will con- tinue to serve as a member of the Board and the Executive Committee until 16 April 2028. the BANKING EXECUTIVE 48 ISSUE 209 MAY 2026 SAUDI- LISTED BANK ALBILAD APPOINTS NEW CEO