Mr. Ibrahim bin Hamad Al-Rashed expressed his gratitude to the Board of Directors of the National Development Fund for approving his appointment as CEO of the SME Bank. He emphasized that this trust serves as a strong incentive to continue advancing the Bank’s mission, in line with the Fund’s aspirations to expand its impact and actively contribute to the goals of Saudi Vision 2030 by empowering SMEs as a fundamental pillar of the national economy.
Al-Rashed also extended his thanks to His Excellency Mr. Yousef bin Abdullah Al-Benyan, Chairman of the Board of Directors of the SME Bank, and to the Board members for their support in advancing the Bank’s strategy and ambitious goals in alignment with the aspirations of the Kingdom’s leadership—may Allah preserve them..
Al-Rashed concluded his statement by affirming his commitment to building on the progress achieved, working collaboratively with relevant stakeholders to provide financing solutions for SMEs, and developing impactful initiatives that ensure sustainable empowerment, support sector growth, and contribute to the diversification of the national economy.
