The story of the woman rejected by companies on Wall Street who today triumphs on the Saudi Arabia stock market

The story of the woman rejected by companies on Wall Street who today triumphs on the Saudi Arabia stock market

February 6, 2024 – 14:57

Sarah Al-Suhaimi was elected president of the Saudi Arabian stock exchange in 2017. What were her achievements after being rejected by several companies on Wall Street.

Courtesy Bloomberg

Sarah Al-Suhaimi graduated from Harvard Universitywas rejected by several companies in Wall Street and today she is the president of the stock exchange of Saudi Arabiathe largest stock market in the Middle East.

The businesswoman has managed to become the first woman to occupy different jobs in the asian country. This is because he stood out among others for his excellent finance skills.

The story of the first woman to chair the Saudi Arabian stock exchange

Sarah Al Suhaimi .jpeg

Sarah Al-Suhaimi, the president of the Saudi Arabian stock exchange.

Sarah Al-Suhaimi, the president of the Saudi Arabian stock exchange.

The Saudi woman’s incredible story dates back to when she graduated from university at the top of her class. Sarah Al-Suhaimi His main objective was to work in finance, so he applied for many jobs in Wall StreetHowever, it was rejected by all of them and returned to Saudi Arabia.

There his search continued and he got a job in Samba Financial Group, starting his professional career. Sarah was the only woman working in the investment division, but she quickly stood out for her excellent stock analysis skills, which led to her promotion to Senior Portfolio Manager, co-managing more than $12 billion in funds.

This way, Joshua Investment He noticed the talent of the Saudi woman and recruited her as his Investment Director. Under his leadership, assets grew from US$3,000 million To over US$ 15,000 million.

Sarah Al Suhaimi’s achievements

After her time at Joshua Investment, Sarah Al Suhaimi begins to be chosen for important jobs and becomes the first woman to occupy them. The first of them was in National Commercial Bank, the largest bank in Saudi Arabia, where they chose her to be the Executive director.

During her time there, the economist quadrupled assets under his management. Then in 2021, Sarah became the first female chairwoman of the Saudi Arabian stock exchangea historic decision since she was the first woman to preside over a stock exchange in the Middle East.

Currently, the Saudi woman is member of the Board of Saudi Airlines and Saudi Telecom. Furthermore, today, the Saudi Arabian stock exchange is among the largest in the world, with a market capitalization of more than US$2 trillion.

Source: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts