Bank Albilad – GC Powerlist
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Middle East Teams 2016

Financials

Bank Albilad

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Middle East Teams 2016

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Bank Albilad

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Bank Alibad forms a key component of the vibrant Saudi banking sector. With billions in revenue and thousands of staff, Bank Alibad provides a range of banking services based on Islamic financial precepts. Succeeding in the ruthlessly competitive banking sector necessitates top-quality staff at all levels of the organisation, and the legal department at Bank Alibad is no exception to this. They provide expert advice based around Saudi Arabian liability frameworks, approve all legal documents and coordinate and maintain close relationships with external legal counsel. While the legal function at Bank Albilad does not deal with compliance and risk management directly within their department, they liaise closely with these teams to ensure that there is a legal perspective on these matters. Yousef Alkheleiwi leads the legal affairs division at Bank Albilad in his position of general counsel. Having joined the company in September 2010, Alkheleiwi is an established member of their corporate team and has seen the company’s assets increase steadily over his tenure. Though a challenging period for Saudi Arabia’s banks, as credit ratings have been downgraded at many of them, the talent available to the legal function at Albilad provides it with the best possible chance of future success.

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