Nadir Al-Koraya: Steering Financial Excellence and Innovation in Saudi Banking

With more than two decades of experience across treasury, investments, capital markets, and executive banking leadership, Al-Koraya has built a reputation as a strategic decision-maker who understands both the complexities of global financial markets and the evolving needs of modern banking. His leadership continues to strengthen Riyad Bank’s position as one of Saudi Arabia’s most influential financial institutions while supporting the Kingdom’s broader economic transformation agenda.

Leading Riyad Bank into a New Era

Since assuming the role of Chief Executive Officer in 2024, Nadir Al-Koraya has been guiding Riyad Bank through a period of significant opportunity and innovation. His leadership focuses on delivering sustainable growth, enhancing operational excellence, expanding customer value, and reinforcing the bank’s position as a key contributor to Saudi Arabia’s financial sector.

As one of the Kingdom’s leading banks, Riyad Bank plays a vital role in supporting businesses, entrepreneurs, investors, and individuals. Under Al-Koraya’s leadership, the institution continues to strengthen its capabilities while embracing innovation and maintaining strong governance standards.

His approach combines strategic foresight with disciplined execution, ensuring that the bank remains agile, competitive, and prepared for the future.

“Sustainable growth is achieved when innovation, financial strength, and customer trust work together.”

Building a Career Rooted in Financial Expertise

Nadir Al-Koraya’s journey to the chief executive position is built upon years of leadership in treasury management, investments, and financial markets.

Before becoming CEO, he served as Chief Treasury and Investment Officer at Riyad Bank, where he oversaw critical treasury functions, investment strategies, liquidity management, and market operations. His leadership in this role contributed significantly to the bank’s financial strength and strategic positioning.

Prior to that, he served as Group Treasurer, further deepening his expertise in financial management, market risk, and capital optimization. These leadership roles provided him with a comprehensive understanding of both domestic and international financial markets, preparing him for the broader responsibilities of leading one of the Kingdom’s most respected banking institutions.

His ability to combine technical financial expertise with strategic leadership has been a defining characteristic throughout his career.

Driving Growth Through Strategic Leadership

The modern banking landscape demands leaders who can navigate uncertainty while identifying new opportunities for growth. Al-Koraya has consistently demonstrated an ability to balance financial discipline with forward-looking strategy.

His leadership philosophy emphasizes:

• Sustainable financial growth.
• Strong governance and risk management.
• Innovation in banking services.
• Customer-focused decision-making.
• Long-term value creation.
• Institutional resilience and adaptability.

By aligning business objectives with market opportunities, he continues to help shape a banking environment that supports economic development while delivering value to customers and stakeholders.

A Trusted Leader in Capital Markets

Before joining Riyad Bank, Al-Koraya spent more than a decade with Samba Financial Group, where he held several senior leadership positions within treasury and investment operations.

His responsibilities included serving as:

• Chief Dealer
• Head of Money Market
• Foreign Investment Head

These roles enabled him to gain extensive experience in capital markets, foreign investments, liquidity management, and financial strategy. Working across different aspects of treasury operations provided him with a deep understanding of market dynamics and risk management principles that continue to influence his leadership approach today.

His extensive market expertise has positioned him among the Kingdom’s most respected banking executives, particularly in areas related to treasury, investments, and financial strategy.

Expanding Influence Through Governance and Innovation

In addition to his executive responsibilities at Riyad Bank, Nadir Al-Koraya contributes to the broader business ecosystem through several strategic leadership and governance roles.

He currently serves as:

• Chairman of Jeel
• Chairman of Efigence
• Chairman of 1957 Ventures
• Board Member of Riyad Capital

These positions reflect his commitment to supporting innovation, entrepreneurship, investment growth, and corporate governance across multiple sectors. Through these roles, he helps guide organizations focused on creating long-term value, fostering innovation, and contributing to Saudi Arabia’s evolving economic landscape.

His involvement across banking, investment, and venture development demonstrates a leadership style that extends beyond traditional financial services and embraces the future of business transformation.

Supporting Saudi Arabia’s Vision for Growth

As Saudi Arabia continues its ambitious economic diversification journey, financial institutions play a critical role in enabling investment, entrepreneurship, and sustainable development.

Through his leadership at Riyad Bank and his contributions across multiple organizations, Al-Koraya is helping build a stronger and more dynamic financial ecosystem. His focus on innovation, strategic growth, and responsible governance aligns closely with the Kingdom’s vision for a diversified and globally competitive economy.

His ability to navigate complex financial environments while maintaining a focus on long-term value creation has made him a respected leader within Saudi Arabia’s banking and investment sectors.

“Strong institutions are built on sound strategy, disciplined execution, and a commitment to creating lasting value.”

Recognition by The CEO Network

The CEO Network proudly recognizes Nadir Al-Koraya for his outstanding contributions to banking, financial leadership, and strategic growth. Through his expertise in treasury, investments, governance, and executive management, he continues to shape the future of Saudi Arabia’s financial sector. His leadership at Riyad Bank reflects a commitment to innovation, resilience, and sustainable success, making him one of the Kingdom’s most influential banking executives.