About us - anbcapital

anb capital, a wholly owned subsidiary of anb, is a Saudi capital market institution regulated by the Capital Market Authority (“CMA”). anb capital has been providing investment management, investment advisory, brokerage, and related products and services to its clients since 2008 under CMA license no. 37-07072 dated 19/06/1428 H corresponding to 05/07/2007.
anb capital's activities include dealing in securities, arranging corporate finance transactions, advising clients on investments, maintaining custody of securities, managing our clients’ investments, and managing funds that invest in different types of securities or asset classes. anb capital commenced its operations in January 2008 and our paid-up capital as of 30 June 2022 was SAR 1,000 million.
We offer a full spectrum of investment services, conventional and Shariah-compliant, to all client categories including private & institutional investors. We strive for excellence in achieving our clients' objectives, which in turn requires continuous investment in our people and infrastructure, leading to long-term growth in profitability for our shareholders.
We are headquartered in Riyadh with investment centers located across the Kingdom.
I am very excited to welcome you to our new website, your electronic guide to one of the most outstanding financial services companies in the Kingdom.
Since we spun off from our commercial banking parent, anb, in 2008, we have experienced some remarkable times, from the credit crisis of the late 2000s, the economic peaks and troughs of the 2010s, through to the pandemic-led challenges of the early 2020s.
With the support of our shareholders and guided by the ambitions of Vision 2030, we continue to forge our way forward through a renewed phase of our evolution, one built on a platform of financial innovation and service delivery excellence rooted in our unwavering commitment to our customers and shareholders.
Our achievements over the last 12 months are an attestation of our vision and continued resolve. During this period, we launched five real estate development funds focused on Taif, Riyadh, and Jeddah, increasing the value of our total real estate funds under management to above SAR 10 billion. We are continuing to work with leading Saudi corporates on a number of capital market transactions, and we will be introducing new investment products and unique trading experiences for our clients over the coming months.
As we look ahead, we feel assured that our future is secure in the hands of our talented Saudi youth, that Riyadh will emerge as a leading global financial hub, and that as a Saudi capital market institution we have a role to play in the Kingdom’s successes.
I would like to thank our clients for their loyalty. We are here because of you, and we look forward to taking you with us on our journey ahead.
Warmly,
Khalid Saleh Al-Ghamdi
Comprising leaders from the Saudi business landscape, our board oversees strategy formation, provides guidance to the Executive Management, and brings industry insights and relationships to us that have proven to be invaluable over time.

Ms. Al-Kuwaiz’s experience encompasses managing partner and co-founder roles at many Saudi companies as well as an academic position at King Saud University where she was a lecturer. She was previously the board member, partner and CFO of Osool Capital, the first independent licensed brokerage firm in Saudi Arabia. In 2011, Ms. Al-Kuwaiz was named among the most powerful Arab women by Arabian Business.

Mr. Al-Rasheed is the Managing Director and Chief Executive Officer of anb, Deputy Chairman of Saudi Home Loans Company (SHL), Deputy Chairman of Saudi Chemical Company, Board Member of Dr. Sulaiman Al Habib Medical Services Holding Co., and Board Member of anb capital. He has more than 37 years of banking experience, during which he has held several leadership positions at anb.
Mr. Al-Rasheed completed his bachelor's degree in business administration from San Jose State University, California, USA.
Mr. Al-Rasheed is the Managing Director and Chief Executive Officer of anb, Deputy Chairman of Saudi Home Loans Company (SHL), Deputy Chairman of Saudi Chemical Company, Board Member of Dr. Sulaiman Al Habib Medical Services Holding Co., and Board Member of anb capital. He has more than 37 years of banking experience, during which he has held several leadership positions at anb.
Mr. Al-Rasheed completed his bachelor's degree in business administration from San Jose State University, California, USA.

Mr. Al-Abdulkader is a leading Saudi businessman with varied interests. He has also previously held board positions at other financial institutions, and brings years of expertise and relationships to anb capital’s board. Mr. Al-Abdulkader completed his bachelor’s degree in finance from Lebanon.
Mr. Al-Abdulkader is a leading Saudi businessman with varied interests. He has also previously held board positions at other financial institutions, and brings years of expertise and relationships to anb capital’s board. Mr. Al-Abdulkader completed his bachelor’s degree in finance from Lebanon.

Mr. Al-Bassam began his career with McKinsey and later joined Saudi Aramco as portfolio manager where he stayed for almost seven years. While completing his MBA, Mr. Al-Bassam co-founded a technology company and a venture capital platform, both in the US, before moving to Jadwa as an investment advisor. Since 2019, Mr. Al-Bassam has been the CEO of Abdullah Ibrahim Mohammed Al Subeaei Investment Company (AIMS). Mr. Al-Bassam completed his bachelor’s degree from Northeastern University in Boston and his MBA from Harvard University, also in Boston.
Mr. Al-Bassam began his career with McKinsey and later joined Saudi Aramco as portfolio manager where he stayed for almost seven years. While completing his MBA, Mr. Al-Bassam co-founded a technology company and a venture capital platform, both in the US, before moving to Jadwa as an investment advisor. Since 2019, Mr. Al-Bassam has been the CEO of Abdullah Ibrahim Mohammed Al Subeaei Investment Company (AIMS). Mr. Al-Bassam completed his bachelor’s degree from Northeastern University in Boston and his MBA from Harvard University, also in Boston.

Louai is a seasoned banker with more than two decades of experience, and is currently the Head of Wholesale Bank Group at anb, which manages the entire credit book and provides all banking services to the Corporate sector, financial institutions, and other institutional banking segments.
Louai began his career with anb in January 2000, and over the years held several leadership positions in the bank in the areas of corporate banking, project & structured finance, debt restructuring and investment banking, during which the bank led several notable financings in the infrastructure, transportation, energy, petrochemical and mining sectors. He spearheaded the formation of the Wholesale Bank Group at anb and was appointed as its Head in July 2022.
Louai holds a Bachelor's degree in Accounting from King Fahd University of Petroleum and Minerals (KFUPM) and an MBA in Finance from the University of Leicester, UK.
Louai is a seasoned banker with more than two decades of experience, and is currently the Head of Wholesale Bank Group at anb, which manages the entire credit book and provides all banking services to the Corporate sector, financial institutions, and other institutional banking segments.
Louai began his career with anb in January 2000, and over the years held several leadership positions in the bank in the areas of corporate banking, project & structured finance, debt restructuring and investment banking, during which the bank led several notable financings in the infrastructure, transportation, energy, petrochemical and mining sectors. He spearheaded the formation of the Wholesale Bank Group at anb and was appointed as its Head in July 2022.
Louai holds a Bachelor's degree in Accounting from King Fahd University of Petroleum and Minerals (KFUPM) and an MBA in Finance from the University of Leicester, UK.

Mr. Al-Mubarak was the Chief Executive Officer and a board member at anb capital from 2014 until May 2021. Subsequently, he moved to a leadership role at anb as the Head of Strategic Investments. He remains a board member at anb capital.
Mr. Al-Mubarak started his career as a broker in 1989 at anb’s Brokerage department where he established the US Trading desk. In April 1995, he joined Banque Saudi Fransi where he served in the capacity of Chief Dealer (US Desk). He was then appointed fund manager for the local equity funds and then headed the Investment Product Development Division. During his tenor there, he was the bank's representative at SAMA Investment Product Committee. He then moved back to anb in 2007 to head the bank’s Brokerage arm at the Investment Services Group. He was appointed Chief Executive Officer of anb capital in 2014.
Mr. Al-Mubarak completed his degree in Political Science from King Saud University in Riyadh, KSA.
Mr. Al-Mubarak was the Chief Executive Officer and a board member at anb capital from 2014 until May 2021. Subsequently, he moved to a leadership role at anb as the Head of Strategic Investments. He remains a board member at anb capital.
Mr. Al-Mubarak started his career as a broker in 1989 at anb’s Brokerage department where he established the US Trading desk. In April 1995, he joined Banque Saudi Fransi where he served in the capacity of Chief Dealer (US Desk). He was then appointed fund manager for the local equity funds and then headed the Investment Product Development Division. During his tenor there, he was the bank's representative at SAMA Investment Product Committee. He then moved back to anb in 2007 to head the bank’s Brokerage arm at the Investment Services Group. He was appointed Chief Executive Officer of anb capital in 2014.
Mr. Al-Mubarak completed his degree in Political Science from King Saud University in Riyadh, KSA.

Khalid started his professional career as a stockbroker with Merrill Lynch in London in 1997 dealing in stocks, bonds and mutual funds.
In 2001, he joined Salisbury Associates as a Corporate Finance Projects Supervisor and was responsible for the management of investment campaigns including:
• British Telecom’s (“BT”) GBP 5.9 billion rights issue and the de-merger of BT into BT Group and mmO2 (2002)
• Marks & Spencer’s return of GBP 2 billion to shareholders and the creation of a new holding company ‘Marks & Spencer Group PLC’ (2002)
Khalid returned to Saudi Arabia in 2003 and joined the Investment Banking Division of Gulf International Bank (“GIB”) in Riyadh. He led GIB Capital's investment banking effort until 2016, and provided advisory services to clients including Public Investment Fund, Public Pension Agency, Saudi Aramco, Exxon Mobil, National Commercial Bank, The Carlyle Group and Aluminium Bahrain, among others.
In January 2018, Khalid joined Mizuho Saudi Arabia as Managing Director/Executive Board Member and in September 2019 he joined Credit Suisse Saudi Arabia as CEO/Executive Board Member.
Khalid assumed the position of CEO at anb capital in May 2021.
During a career spanning more than two decades, Khalid has successfully completed more than USD 75 billion of transactions acting as adviser and arranger to private sector and government entities including over USD 65 billion of transactions in the Saudi market alone.
Khalid started his professional career as a stockbroker with Merrill Lynch in London in 1997 dealing in stocks, bonds and mutual funds.
In 2001, he joined Salisbury Associates as a Corporate Finance Projects Supervisor and was responsible for the management of investment campaigns including:
• British Telecom’s (“BT”) GBP 5.9 billion rights issue and the de-merger of BT into BT Group and mmO2 (2002)
• Marks & Spencer’s return of GBP 2 billion to shareholders and the creation of a new holding company ‘Marks & Spencer Group PLC’ (2002)
Khalid returned to Saudi Arabia in 2003 and joined the Investment Banking Division of Gulf International Bank (“GIB”) in Riyadh. He led GIB Capital's investment banking effort until 2016, and provided advisory services to clients including Public Investment Fund, Public Pension Agency, Saudi Aramco, Exxon Mobil, National Commercial Bank, The Carlyle Group and Aluminium Bahrain, among others.
In January 2018, Khalid joined Mizuho Saudi Arabia as Managing Director/Executive Board Member and in September 2019 he joined Credit Suisse Saudi Arabia as CEO/Executive Board Member.
Khalid assumed the position of CEO at anb capital in May 2021.
During a career spanning more than two decades, Khalid has successfully completed more than USD 75 billion of transactions acting as adviser and arranger to private sector and government entities including over USD 65 billion of transactions in the Saudi market alone.
Our leadership team drives a culture that facilitates employee empowerment and growth, as we truly believe that our people are the foundation of our success.

Khalid has been CEO of anb capital since May 2021, and brings with him more than 25 years of investment banking experience with more than USD 65 billion of transactions completed in Saudi Arabia. He is also a member of the board of directors, and is leading anb capital’s resurgence in the Saudi capital markets, aligned with the aspirations of Vision 2030 for Saudi Arabia’s financial services sector.


Khalid began his career in the brokerage industry more than two decades ago. During his time in brokerage, he has worked with a number of leading Saudi institutions including AlJazira Capital, HSBC Saudi Arabia and EFG Hermes. Khalid joined anb capital in December 2021 after spending seven years with SICO Capital where he served in the capacity of Head of Brokerage Department. Khalid completed his bachelor's degree in Business Administration and General Management from King Abdulaziz University and his Associate degree in Accounting from Arizona State University.
Khalid began his career in the brokerage industry more than two decades ago. During his time in brokerage, he has worked with a number of leading Saudi institutions including AlJazira Capital, HSBC Saudi Arabia and EFG Hermes. Khalid joined anb capital in December 2021 after spending seven years with SICO Capital where he served in the capacity of Head of Brokerage Department. Khalid completed his bachelor's degree in Business Administration and General Management from King Abdulaziz University and his Associate degree in Accounting from Arizona State University.

Abdullah is the Head of Real Estate Funds at anb capital. Prior to joining us, Abdullah worked with NCB Capital as Fund Manager, with the Capital Market Authority as Officer, and with Mousa Almousa Real Estate Investment Group as Investment Associate. Abdullah completed his Masters degree in Management & Finance from University of Exeter, UK, and his Bachelor's degree in Business Administration (Finance) from King Saud University.
Abdullah is the Head of Real Estate Funds at anb capital. Prior to joining us, Abdullah worked with NCB Capital as Fund Manager, with the Capital Market Authority as Officer, and with Mousa Almousa Real Estate Investment Group as Investment Associate. Abdullah completed his Masters degree in Management & Finance from University of Exeter, UK, and his Bachelor's degree in Business Administration (Finance) from King Saud University.

Rakan graduated in 2006 from Institute of Public Administration, Saudi Arabia, and shortly thereafter joined anb. He moved to anb capital upon its inception in 2008. During his time with us, he has worked with our wealth management practice in many positions, including as a stockbroker for VIP clients, an investment officer, and as regional manager for the Central Region of Saudi Arabia. In 2022, Rakan assumed the position of Head of Wealth Management at anb capital.
Rakan graduated in 2006 from Institute of Public Administration, Saudi Arabia, and shortly thereafter joined anb. He moved to anb capital upon its inception in 2008. During his time with us, he has worked with our wealth management practice in many positions, including as a stockbroker for VIP clients, an investment officer, and as regional manager for the Central Region of Saudi Arabia. In 2022, Rakan assumed the position of Head of Wealth Management at anb capital.

Ahab has more than 25 years of experience in working with financial institutions, of which more than 17 years have been spent in Saudi Arabia. Ahab brings a wealth of knowledge to anb capital accumulated during his time in investment banking, private equity, commercial banking and management consulting.
Ahab joined anb capital in January 2022, prior to which he was with Sulaiman Al Rajhi Investment Company managing a portfolio of globally diversified private equity assets. Earlier, he was part of the investment banking effort at GIB Capital for 15 years. Before coming to Saudi Arabia, Ahab was working with Ernst & Young as a management consultant.
During his career, Ahab has completed many prominent deals in Saudi Arabia and beyond for clients that included state-owned organizations, multinational companies, regional corporates, banks and family offices.
Ahab is a CFA Charterholder and completed his MBA degree from Lahore University of Management Sciences.
Ahab has more than 25 years of experience in working with financial institutions, of which more than 17 years have been spent in Saudi Arabia. Ahab brings a wealth of knowledge to anb capital accumulated during his time in investment banking, private equity, commercial banking and management consulting.
Ahab joined anb capital in January 2022, prior to which he was with Sulaiman Al Rajhi Investment Company managing a portfolio of globally diversified private equity assets. Earlier, he was part of the investment banking effort at GIB Capital for 15 years. Before coming to Saudi Arabia, Ahab was working with Ernst & Young as a management consultant.
During his career, Ahab has completed many prominent deals in Saudi Arabia and beyond for clients that included state-owned organizations, multinational companies, regional corporates, banks and family offices.
Ahab is a CFA Charterholder and completed his MBA degree from Lahore University of Management Sciences.

Loay has more than 17 years of experience in the finance and banking industry, all in the Middle East. He commenced his career with PricewaterhouseCoopers and worked in internal and external audit, financial advisory, and transaction services, serving regional and international businesses. Subsequently, he joined NCB Capital and was apppointed Vice President of Finance. Loay joined anb capital in 2019 as Chief Financial Officer.
Loay is a licensed Certified Public Accountant from New Hampshire Board of Accountancy, USA and holds a Bachelor of Science degree in Accounting and an MBA degree from University of Bahrain.
Loay has more than 17 years of experience in the finance and banking industry, all in the Middle East. He commenced his career with PricewaterhouseCoopers and worked in internal and external audit, financial advisory, and transaction services, serving regional and international businesses. Subsequently, he joined NCB Capital and was apppointed Vice President of Finance. Loay joined anb capital in 2019 as Chief Financial Officer.
Loay is a licensed Certified Public Accountant from New Hampshire Board of Accountancy, USA and holds a Bachelor of Science degree in Accounting and an MBA degree from University of Bahrain.

Randah began her career with Samba Financial Group in 2005 as a stockbroker. She joined anb capital in 2006 and worked in our Local Shares Brokerage as Supervisor for the Central Region. Subsequently, Randah headed our Call Center & Telemarketing department. Randah moved to our Audit department in 2012 where she became Deputy Head of Compliance and Anti-Money Laundering & Terrorism Financing in 2016 and became our Chief Compliance Officer in 2018.
Randah holds a Bachelor’s degree from the Faculty of Education at King Saud University of Riyadh, Saudi Arabia.
Randah began her career with Samba Financial Group in 2005 as a stockbroker. She joined anb capital in 2006 and worked in our Local Shares Brokerage as Supervisor for the Central Region. Subsequently, Randah headed our Call Center & Telemarketing department. Randah moved to our Audit department in 2012 where she became Deputy Head of Compliance and Anti-Money Laundering & Terrorism Financing in 2016 and became our Chief Compliance Officer in 2018.
Randah holds a Bachelor’s degree from the Faculty of Education at King Saud University of Riyadh, Saudi Arabia.

We pride ourselves on bringing together one of the best executive teams in Saudi Arabia and on recruiting best-in-class talent from the Kingdom and abroad. We boast a diverse and cosmopolitan culture where ideas are encouraged as we build investment management and financial structuring solutions for our clients.
We are committed to providing our employees with the professional development opportunities they need to build exceptional careers.
The success of our business is dependent on the quality, expertise and skills of our people. Our people are committed to our clients. Client confidence is earned through demonstrated performance and integrity at all times.
ANB Capital Balanced Fund
Best performing fund in the Balanced Investment funds category in Saudi Arabia
2022
ANB Capital IPO Fund (Shariah)
Best performing fund in the IPO Funds category in Saudi Arabia
2022
ANB Capital Pure Saudi Equity Fund (Shariah)
Best performing fund in the Pure Equity Funds category in Saudi Arabia
2022
World Finance
Most Customer-focused Brokerage House in the MENA region
2019
Lipper Fund Award
Arab National Bank
Best Group over 3 years
Equity Saudi Arabia
2019
Lipper Fund Award
Al-Mubarak Saudi Equity Fund
Best Fund over 3years
Equity Saudi Arabia
2019
Lipper Fund Award
Al-Mubarak Pure Saudi Equity Fund
Best Fund over 5 years
Equity Saudi Arabia
2019
Argaam Award
Al-Arabi Saudi Equity Fund
Top performing Fund over 3 years (TIER1) Saudi Arabia
2018
Zawya Fund Award
Al-Arabi SAR Money Market Fund
1st prize winner
Money Market Saudi Arabia
2013
Lipper Fund Award
Al-Mubarak Global Equity Fund
Best Islamic Fund over 3 & 5 years
Equity Global GCC
2011
Lipper Award
Balanced Funds
2009
Zawya Fund Award
Al-Arabi Saudi Companies Fund
Ranked First over 3 years
Conventional Equity Saudi Arabia
2008
Lipper Award
Equity Saudi Arabia
2007
Investment Products Committee
Manager-Of-The-Year honors
2003
Investment Products Committee
Manager-Of-The-Year honors
2002
anb capital Company (CJS) is authorized by the Capital Market Authority Number 07072-37 Unified number 7001548267. P.O. Box: 220009 Riyadh 11311 Kingdom of Saudi Arabia.
