Citi today announced the appointment of Wassim Al-Khatib as Citi Saudi Arabia (CSA) Chief Executive Officer, subject to approval by the Saudi Arabian Capital Market Authority (CMA). In this capacity, Wassim will be responsible for Citi’s regulated business in Saudi Arabia and for coordinating the overall delivery to clients in the country, reporting to Linos Lekkas, Head of Citi’s Corporate & Investment Banking-Central & Eastern Europe, Middle East and Africa (CEEMEA), and Carmen Haddad, Vice Chairperson-Citi Middle East & Country Officer-Citi Saudi Arabia.

Al-Khatib joins from National Commercial Bank (NCB) and NCB Capital where he had spent fifteen years, lately as Managing Director and Head of NCB Capital’s Investment Banking.