American Express Saudi Arabia (AESA) today announced that Mr. Fahad bin Mubarak Al Guthami has been appointed as Chief Executive Officer to lead the next phase of the company’s growth in the Kingdom.
As AESA’s new CEO, Mr. Al Guthami is responsible for developing and implementing strategies for further expanding the company’s presence in Saudi Arabia by building on its strong position in commercial payments and the premium consumer segment. In addition to providing strategic leadership and oversight for the company’s day-to-day operations, he is also at the helm of AESA’s ongoing efforts to drive product innovation and digitization.
Commenting on his appointment, Mr. Fahad bin Mubarak Al Guthami, Chief Executive Officer of American Express Saudi Arabia, said: “I’m delighted to be appointed to the role of CEO at American Express Saudi Arabia; a company that has a strong brand, standout values and brilliant people. I look forward to continuing to work with the team to continue to deliver value and innovative products for our customers, as well as drive growth for our business.”
Mr. Al Guthami has led a distinguished career at American Express Saudi Arabia for more than 16 years. He has held several strategic positions with progressing responsibilities including Chief Operating Officer. As CEO of AESA, Mr. Al Guthami will leverage partnerships to strengthen the position of AESA in the Saudi marketplace.
Prior to joining AESA, Mr. Al Guthami served as CEO of several companies in Saudi Arabia, and Executive Advisor to the Ministry of Municipal and Rural Affairs and Housing of the Kingdom of Saudi Arabia. He currently serves as a member of the Board of Directors of several companies listed on the Saudi stock market.