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Fahad Al Saif Head of Debt Capital Markets

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October 2010

HSBC Saudi Arabia Ltd., the investment arm of the Saudi British Bank (SABB) has announced the appointment of Fahad Al Saif as the Head of Debt Capital Markets in Saudi Arabia.

Prior to this recent appointment, Fahad was the Director of Investment Banking Finance HSBC. Earlier, he served in the Saudi British Bank –SABB for 12 years in various positions; his recent position was the Head of Trading and Investment and Risks Advisory in Treasury Department.

Commenting on Fahad's appointment, Walid Khoury, CEO of HSBC Saudi Arabia Ltd. said: "I am delighted to welcome Fahad in joining our Saudi national leadership team. I am quite confident he will successfully put into practice his knowledge and experience in driving HSBC business to ever higher standards of achievements”

HSBC Saudi Arabia attracts Saudi qualified banking and financial executives of high caliber. The company maintains strategic plans and policies for career development and on-job training for all departments within and outside the Kingdom in different sectors HSBC Saudi Arabia has successfully achieved a new level in building its human resources as Saudi nationals now represent the majority of the company's employees and leading positions."