The Saudi British Bank (SABB), an affiliate of the HSBC Group, has announced the appointment of Alaa Shekib Al Jabri as the new chief risk officer.

In his new role, Alaa will be fully responsible for the entire risk management sector in Sabb, said a bank statement.

He has a wealth of 28 years of experience in various aspects of banking  gained mainly from working on senior levels of management and leadership.

He joined SABB in November 2006 as the area general manager for Western Province, it said.

Alaa has a vast experience in the banking services including credit, marketing, business development, strategy, investment, treasury, corporate, risk management, International and commercial banking in top financial institutions in Saudi and the Gulf region, it added.

He has a Master of Business Administration from the Insead, France and a Bachelor of Business Administration from The American University of Beirut, Lebanon.

Commenting on Alaa’s appointment, David Dew, SABB managing director said: “I am delighted Alaa, is taking up this new strategic post. I am confident he will successfully utilize his extensive knowledge experience in driving our business to ever higher standards of achievements.”-TradeArabia News Service