BNY welcomes AlMashhadi
16 December 2025 Saudi Arabia
Image: LinkedIn
BNY has welcomed Alaa AlMashhadi as managing director and BNY Saudi Arabia country manager.
In this role, AlMashhadi will also serve as CEO of BNY鈥檚 legal entity in Saudi Arabia, leading BNY鈥檚 efforts to advance the Kingdom鈥檚 capital markets infrastructure, fostering sustainable growth, and enhancing the financial ecosystem.
Commenting on the hire, Hani Kablawi, head of international at BNY, states: 鈥淎laa鈥檚 appointment comes at a transformative moment for the Kingdom鈥檚 financial services industry.
鈥淯nder his leadership, BNY remains steadfast in its commitment to supporting Saudi Arabia鈥檚 Vision 2030 by partnering with government entities, local financial institutions and businesses to achieve their ambitions.鈥�
AlMashhadi joins the firm from The Saudi Credit Bureau (SIMAH), where he served as chief business development officer and board member of its analytics subsidiary, Qarar.
AlMashhadi states: 鈥淏NY鈥檚 recent establishment of its regional headquarters in Riyadh strengthens our local presence and reflects our long-term commitment to the Kingdom鈥檚 strategic investment objectives.鈥�
In this role, AlMashhadi will also serve as CEO of BNY鈥檚 legal entity in Saudi Arabia, leading BNY鈥檚 efforts to advance the Kingdom鈥檚 capital markets infrastructure, fostering sustainable growth, and enhancing the financial ecosystem.
Commenting on the hire, Hani Kablawi, head of international at BNY, states: 鈥淎laa鈥檚 appointment comes at a transformative moment for the Kingdom鈥檚 financial services industry.
鈥淯nder his leadership, BNY remains steadfast in its commitment to supporting Saudi Arabia鈥檚 Vision 2030 by partnering with government entities, local financial institutions and businesses to achieve their ambitions.鈥�
AlMashhadi joins the firm from The Saudi Credit Bureau (SIMAH), where he served as chief business development officer and board member of its analytics subsidiary, Qarar.
AlMashhadi states: 鈥淏NY鈥檚 recent establishment of its regional headquarters in Riyadh strengthens our local presence and reflects our long-term commitment to the Kingdom鈥檚 strategic investment objectives.鈥�
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