Rashed bin Ibrahim Sharif has been the chief executive officer of National Commercial Bank’s investment arm, NCB Capital, since February 2021.
With over 25 years of experience in the investment and financial services industry, he is among the most well-known financial leaders in the Kingdom. He has held executive roles in public and private organisations, helping to carry out significant transactions that have strengthened the Saudi financial market’s domestic and global standing.
Rashed Sharif’s Career & Accomplishments
After graduating from King Fahd University of Petroleum and Minerals in 1998 with a Bachelor of Science in Financial Management, Sharif started working in the financial industry. Then, in 2009, he graduated with a Master of Business Administration from Prince Sultan University.
Additionally, he took part in executive leadership programmes offered by esteemed international organisations like the International Institute for Management Development (IMD), which gave him a blend of academic expertise and real-world experience.
Sharif worked at the Public Investment Fund (PIF) from 2017 to 2020 as the Head of the General Administration of Saudi Investments before joining NCB Capital. In this role, he helped to steer strategic investments that complemented the goals of Saudi Vision 2030.
In addition to his work at the Saudi Capital Market Authority, where he helped create the market’s listing and registration systems, he has held executive positions at the National Commercial Bank and Riyadh Capital.
His leadership in overseeing Saudi Aramco’s secondary public offering in 2024, which reached $12.35 billion, was one of the biggest secondary offerings in the Europe, Middle East, and Africa region since the year 2000. This is among his most noteworthy accomplishments at AlAhli Capital.
Further, he was involved in the sale of 100 million shares of the Public Investment Fund in the Saudi Telecom Company (STC) for more than $1 billion through the accelerated bookbuilding mechanism in collaboration with Goldman Sachs Saudi Arabia.
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Leadership in Regulatory Bodies & Businesses
Along with his executive work, Rashed Sharif has held a number of leadership roles. Since 2023, he has served as chair of the Saudi Capital Market Authority’s Capital Market Institutions Committee, which works to improve the efficiency and development of the market environment.
He also holds the positions of Vice Chairman of the Board of Directors of Ruwa Al-Madinah Holding Company and the Aircraft Leasing Company (AviLease), which reflects his high level of confidence across a variety of economic sectors.
To sum up, Rashid Sharif is currently among the most well-known Saudi individuals in the finance and investment industry. He has played a significant role in the growth of the financial markets and in making them more appealing to foreign investors.
He helps the Kingdom achieve its objectives of economic diversification and becoming a global financial hub by spearheading innovative projects and significant investments.
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