Sheila Al-Rowaili becomes the first female board member of the Saudi Central Bank


RIYADH — Custodian of the Two Holy Mosques, King Salman has approved the appointment of Saudi Central Bank board members from among non-government employees. Sheila Al-Rowaili is the only woman among the newly appointed board members.

Al-Rowaili, who has a brilliant academic and professional background, has worked with Saudi Aramco for almost 25 years. She was chosen as CEO of Wisayah Global Investment Management Company, a subsidiary of Saudi Aramco, in January 2019. She earned a bachelor’s degree in interior architecture from King Faisal University, then earned an MBA in finance from American University from Beirut in 1997. Al-Rowaili earned a Sloan scholarship for an MBA in business from the Sloan School of Management at the Massachusetts Institute of Technology.

Last year, Al-Rowaili was selected as one of the 25 Powerful Women in the Energy Sector for 2021 by the Hart Energy Foundation. Al-Rowaili joined Saudi Aramco in 1998 as a money market trader and later worked as a financial analyst. She served Saudi Aramco in several leadership roles including Head of Portfolio Management and Director of the Investment Management Department before assuming the position of CEO of Wisayah Global Investment Management Company.

Al-Rowaili led a number of innovative and complex projects, including the creation of Wisayah, which invests the pension funds of Saudi Aramco group companies, defined contribution funds and other long-term investment portfolios. She has also held several key positions in the areas of project management, investment and trading.

Al-Rowaili has developed his skills over the years, which has seen him play several functional roles in the areas of financial management and investment, in addition to risk management, planning and management. energy saving.

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