Riyad Bank
Mishary Alhumaid is a seasoned procurement and contracts professional with extensive experience in managing vendor contracts and procurement strategies across various organizations. Currently serving as the VP and Head of the Vendor Contracts unit at Riyad Bank, Mishary previously held the position of Procurement Manager at the Saudi Red Sea Authority, where key responsibilities included annual procurement planning and KPI performance management. Prior roles at Saudi Payments involved a focus on cost-saving opportunities and contract management, while earlier positions at The Royal Commission for AlUla and Elm Company revolved around sourcing, negotiation, and vendor evaluation. Mishary's academic background includes a Bachelor of Business Administration in Computer and Information Systems from Kent State University and a diploma in Financial and Banking from The Financial Academy.
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Riyad Bank
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Riyad Bank is engaged in banking and investment services. It operates through the following segments: Retail, Investment banking and brokerage, Corporate, Treasury and investments and Other. The Retail segment focuses on the deposit, credit and investment products for individuals and small to medium sized businesses. The Investment banking and brokerage engages in investment management services and asset management activities related to dealing, managing, arranging, advising and custody of securities. The Corporate segment handles customers' current accounts, deposits and providing loans, overdrafts and other credit facilities and derivative. The Treasury and investments segment provides money market trading and treasury services as well as the management of the Bank's investment portfolios. The Other segment includes income on capital and unallocated costs pertaining to head office, finance division, human resources, technology services and other support departments and unallocated assets and liabilities. The company was founded on November 23, 1957 and is headquartered in Riyadh, Saudi Arabia.