Sector Focus

Financial Services & Investment Firms

Confidential executive search for SAMA-regulated banks, investment firms, asset managers, and insurance organisations. Regulatory fluency embedded in every mandate.

SAMA-Regulated BanksInvestment FirmsAsset ManagementInsurance & TakafulListed Entities (CMA)

Sector Hiring Challenges

Precision hiring where regulatory failure is not an option

SAMA, CMA, and IFRS regulatory knowledge required at CFO, CRO, and CCO level

Limited pool of Saudi nationals with international banking experience and local governance awareness

Extreme confidentiality sensitivity — market rumour of leadership change can impact share price

Compensation benchmarks differ significantly between listed banks, investment houses, and insurers

Succession timelines for C-suite roles in regulated entities require SAMA pre-approval

Regulatory Awareness

We understand the regulatory landscape — not just the roles.

SAMA (Saudi Central Bank) Governor approval for CFO and CRO appointments in licensed entities

CMA Board independence requirements for listed company executives

Anti-Money Laundering Executive Requirements (AMLER) compliance for senior roles

Vision 2030 Financial Sector Development Program (FSDP) localisation objectives

Case Examples

Confidential mandates. Verified outcomes.

Group CFO — Riyadh Investment Firm

38 Days

A prominent Saudi investment holding group required a CFO capable of managing capital restructuring, IFRS compliance, and board-level reporting for a SAR 8B+ portfolio.

Outcome

Appointed within 38 days. Candidate sourced through passive candidate mapping — not active in the market. Led a successful SAR 2B sukuk issuance in first year.

Details generalised for client confidentiality.

Chief Risk Officer — SAMA-Regulated Bank

46 Days

Following SAMA guidance requiring enhanced risk function maturity, a listed Saudi bank needed a CRO with Basel III/IV expertise and a strong track record in stress testing.

Outcome

Placed a Saudi national with dual CPA/FRM credentials. SAMA pre-approval obtained within standard timelines. Candidate remains in role after 2+ years.

Details generalised for client confidentiality.

Market Intelligence

Saudi Financial Services Leadership — 2025 Trends

CFO turnover in Saudi investment firms has increased 28% since 2023 — driven by private equity growth and IPO pipeline activity

Demand for bilingual risk and compliance leaders with IFRS 9 experience has outpaced supply by 3:1

Saudi Vision 2030 FSDP targets have created urgent demand for insurance sector CEOs with actuarial backgrounds

Listing governance reforms have increased independent board director search mandates by 45% year-on-year

Begin Your Search

Ready to discuss your next leadership hire?

Every engagement begins with a confidential conversation. Share your requirements and a senior consultant will respond within one business day.

All discussions held in strict confidence. NDA available upon request.