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The Board of Directors of the Bank for Social Development appoints Ibrahim Al Rashid as Director General of the Bank

The Board of Directors of the Bank for Social Development appoints Ibrahim Al Rashid as Director General of the Bank

Sunday-2018-02-18

The Board of Directors of the Bank for Social Development, chaired by H.E. Minister of Labour and Social Development, appointed the President of the Board of Directors of the Bank, Dr. Ali Ben Nasser Al-Ghafis, at his recent meeting in Riyadh, Professor Ibrahim Bin Hamad Al-Rachd, as Director-General of the Bank, to succeed Dr. Abdulla Bin Abdulrahman Al-Mandahman al-Mandah.

The Board of Directors of the Bank for Social Development, chaired by H.E. Minister of Labour and Social Development, appointed the President of the Board of Directors of the Bank, Dr. Ali Bin Nasser Al-Ghafis, at his recent meeting in Riyadh, Professor Ibrahim Bin Hamad Al Rashid, as Director-General of the Bank, to succeed Dr. Abdullah Bin Abdulrahman Al-NamlaI'm sorry.


The Board of Directors of the Bank thanked and appreciated Dr. Natla for his efforts at the time of his assumption by the Bank ' s administration, wishing at the same time to reconcile the current Director-General of the Bank with his tasks and to continue the Bank ' s development and development process.I'm sorry.

On this occasion, Ibrahim Al Rashid thanked the Board of Directors of the Bank, representing H.E. the President of the Council, the Minister of Labour and Social Development, and the members of the Council, for this confidence. He stressed that this trust would be an incentive to make every effort to achieve the goals of the Bank for Development and Social Development, which are aligned with the ambitious vision of the Kingdom of 2030, and to provide all the support of the homeland and the citizen under the leadership of Prince Abdullah of the Kings of the Kings of the Kings of Kings of Al-Al-Al-Al-B.- Yeah.

The petitioner stressed that the Bank had a very high responsibility for financing SMEs and moving towards a new phase, changing social behaviour from pastoralism to development through support for self-employment and the financing of productive families.I'm sorry.




The Director-General of the Bank thanked his predecessor, Dr. Abdullah Bin Abdulrahman Al-Namla, who had spared no effort in developing the Bank ' s services and programmes during the previous period and wished him success in his next national mission.I'm sorry.

On the other hand, Ibrahim Al Rashid, at the headquarters of the Bank for Social Development, met in Riyadh today, Sunday, the assistants of the sectors (financial finance, investment, social loans, savings and common services) and a number of department directors and bank administrators who, in turn, welcomed and congratulated him on this trust, asked him every success and success.I'm sorry.


The adult holds a master ' s degree in computer science from the Florida Institute of Technique and has experience of more than 23 years in the banking and technical sectors, most recently as assistant to the Director-General of the Bank for microfinance, as well as membership in a number of committees and councilsI'm sorry.

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Last Modified Date 26/04/2026 - 2:33 PM Saudi Time

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