17 Feb 2017, Annie Tsoneva, EMIS Editor
Saudi bourse gets first female chair
Al-Suhaimi will also keep her job as CEO of investment bank NCB Capital.
In the kingdom, which bans women from driving, she is the first woman to chair a major government financial institution in the kingdom, and among the few woman on executive positions in the Saudi financial sector.
Her appointment is in line with an extensive economic and social reform programme initiated by the government last year. One of its targets is to increase the participation of women in the workforce to 30% from 22% in future.
Some of the main challenges ahead of the stock exchange in the next few years will be listing its own shares, and the floating of oil company Saudi Aramco, which is to be the world’s largest IPO.
Sign in and read the full article in emis.com Original source: Al Bawaba - Arabian Business