First Gathering of SABB MBA Alumni

March 2010

The first ever gathering of alumni of the SABB MBA scholarship scheme has been held at the Bank’s head office in Riyadh.

About 30 of the 48 Saudi male and female graduates who have benefited from the initiative over the past 13 years were addressed by SABB Managing Director, Richard Groves, and other senior managers of the Bank.

The scheme, in associate with the British Council, enables Saudi graduates to take post-graduate degrees at some of the UK’s most reputable universities. Five more scholarships will be awarded this year.

The alumni were enthusiastic about the scheme and the gathering. Issam Al-Sheikh, Contract Manager in a major Saudi-Arabian oil company, added: “The SABB scheme changed my life. I was awarded the scholarship at a time when such gifts were very scarce and difficult to get. Studying at a prominent university like the University of Surrey opened doors for me to opportunities I had only dreamt about.”

Dr. Nasser Bin Kadassa, who pursued his doctorate after gaining his MBA in the UK, said: “The SABB scholarship was the crucial factor in enabling me to gain my PhD.”

Khalid Al-Ghadeer, Manager, Fraud Control & Investigation, SABB, said: “The scholarship changed my life and my career as enabled to acquire strategic thinking, and in developing my organizational skills”.

Ibrahim Abo-Mouti, Head of Corporate Communications, SABB said: “The MBA initiative started in 1997 and we are proud of the Bank’s role in contributing to the creation of new generations of Saudi business and public sector leaders through our MBA initiative. “We intend to take this event into a further step by organizing a yearly alumni gathering in order to share with the graduates their experience and vision” Abo-Mouti confirmed.