Rania Nashar

Rania Nashar
رانيا نشار
Born
Education
Years active1997–present
Employers

Rania Mahmoud Nashar (Arabic: رانيا نشار) is a Saudi businesswoman. Born in the United States, she moved to Riyadh at an early age and studied at both King Saud University and University of Virginia Darden School of Business. She started working at Samba in 1997, eventually becoming its CEO, and the first female CEO of a Saudi commercial bank. She was subsequently included in the Forbes list of the World's 100 Most Powerful Women in 2019. In 2020, she resigned from her position at Samba to work at the Public Investment Fund.

Early life and education

Rania Mahmoud Nashar[1] was born in the United States, and moved to Riyadh, Saudi Arabia, shortly afterwards.[2] Nashar graduated from King Saud University in 1997, majoring in computer science and information technology.[3]

Career

Nashar joined Samba in 1997 as a banker, while simultaneously studying at the University of Virginia Darden School of Business.[2] She was in the company's board of directors in the bank's Pakistan and global branches.[4] In February 2017, Nashar became the CEO of Samba, the first female Saudi CEO of a commercial bank. Her promotion came with country reforms to reduce gender inequality in the workforce.[5] The following year, she was one of six Saudi women in the Forbes Middle East's Most Influential Women list[3] and one of two Arab women in 2019 Forbes list of the World's 100 Most Powerful Women.[6]

She was also a board member of the Institute of International Finance, and part of the Capital Market Authority's advisory committee.[6] While in Samba, she helped its merge with United Saudi Bank, and worked on its transition to a fully Saudi corporation.[7] She resigned from her position in December 2020, being succeeded by Mohammed bin Abdullah Al Sheikh,[8] and later in the month, was appointed to the Public Investment Fund as an advisor to Yasir Al-Rumayyan.[9]

References

  1. ^ "Samba appoints acting Group CEO as Rania Nashar resigns". Argaam. 22 December 2020. Archived from the original on 18 May 2022. Retrieved 21 September 2025.
  2. ^ a b Al-Asmari, Abdo (30 December 2019). "رانيا نشار.. خبيرة المصارف" [Rania Nashar: Banking Expert]. Al Jazeera Arabic (in Arabic). Archived from the original on 5 December 2024. Retrieved 19 September 2025.
  3. ^ a b "FaceOf: Rania Nashar, CEO of Samba Financial Group". Arab News. 27 October 2018. Archived from the original on 25 April 2025. Retrieved 19 September 2025.
  4. ^ Atef, Suzan (9 March 2019). "6 سيدات سعوديات في قائمة «فوربس» لأكثر النساء تأثيراً في الشرق الأوسط" [6 Saudi women on Forbes' list of the most influential women in the Middle East]. Al-Masry Al-Youm (in Arabic). Archived from the original on 22 June 2020. Retrieved 19 September 2025.
  5. ^ "Rania Nashar Named Saudi Arabia's First Female Commercial Bank CEO". Voice of America. 20 February 2017. Archived from the original on 13 August 2025. Retrieved 19 September 2025.
  6. ^ a b "رانيا النشار تجدد حضور المرأة السعودية في قائمة أقوى 100 في العالم" [Rania Al-Nashar renews the presence of Saudi women on the list of the world's 100 most powerful women]. Al Riyadh (in Arabic). 29 December 2019. Archived from the original on 23 June 2020.
  7. ^ "Rania M Nashar". Arabian Business. Archived from the original on 22 May 2025. Retrieved 19 September 2025.
  8. ^ "استقالة رانيا نشار الرئيس التنفيذي لـ "سامبا المالية" .. و تكليف محمد آل الشيخ بمهام الرئاسة" [Rania Nashar resigns as CEO of Samba Financial Group, appointing Mohammed Al Sheikh as CEO]. Maaal e-Newspaper (in Arabic). 22 December 2020. Archived from the original on 22 December 2020. Retrieved 19 September 2025.
  9. ^ "تعيين رانيا النشار وفهد السيف بصندوق الاستثمارات العامة" [Rania Al-Nashar and Fahad Al-Saif appointed to the Public Investment Fund]. Al Arabiya (in Arabic). 22 December 2020. Archived from the original on 22 December 2020. Retrieved 19 September 2025.