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Saudi Investment Bank Appoints Salman Al-Fagham as CEO

Saudi Investment Bank has appointed Salman bin Bader Al-Fagham as CEO effective October 1, 2026, following the resignation of Faisal Al-Omran.

Saudi Investment Bank has appointed Salman bin Bader Al-Fagham as Chief Executive Officer, effective October 1, 2026.

The appointment follows the resignation of Faisal bin Abdullah Al-Omran, whose tenure with the bank spanned more than 20 years. According to the Saudi Exchange disclosure, the board accepted Al-Omran’s resignation on September 28, with his service ending on September 30.

Leadership transition

Al-Fagham brings more than two decades of leadership and banking experience in Saudi Arabia. His background includes work at the Saudi Central Bank as well as executive roles at Saudi Investment Bank covering treasury, liquidity management, capital management and balance-sheet management. He most recently reached the position of deputy chief executive officer.

Why this matters

The appointment is a notable senior leadership move in Saudi Arabia’s banking sector and adds to the flow of executive changes Storyline Digital tracks across major Saudi companies.

Key details

  • Company: Saudi Investment Bank
  • New CEO: Salman bin Bader Al-Fagham
  • Effective date: October 1, 2026
  • Previous CEO: Faisal bin Abdullah Al-Omran
  • Sector: Banking and financial services

Source: Saudi Exchange company announcement.

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