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Sarah Al Suhaimi is a trailblazing figure in the world of finance, known for her remarkable leadership as the Chairperson of Saudi Tadawul Group, the largest stock exchange in the Middle East. Her visionary approach and dedication have played a pivotal role in shaping the financial landscape of Saudi Arabia and the broader region. In this exclusive interview, we delve into her journey, achievements, and insights into the dynamic world of finance.Leading Transformation at Saudi Tadawul GroupIn April 2021, Saudi Tadawul Group underwent a transformative journey when it transitioned into a holding company with four subsidiaries, including the stock exchange. This strategic move marked a significant milestone in the evolution of Saudi Arabia’s financial sector. Al Suhaimi shared her perspective on this transformation, stating, “We recognized the need for diversification and innovation in the financial market. By creating a holding company, we could efficiently manage our various subsidiaries, fostering growth and adaptability.”Navigating Challenges and AchievementsAl Suhaimi’s leadership has been instrumental in guiding Saudi Tadawul Group through challenges, particularly during the global economic uncertainties brought about by the COVID-19 pandemic. “Adaptability and resilience are key in times of crisis,” she emphasized. Under her leadership, the group successfully listed on the Saudi stock exchange in December 2021, a testament to her strategic acumen and commitment to progress.
Diverse Board Roles and International ImpactIn addition to her role at Saudi Tadawul Group, Sarah Al Suhaimi serves as a Board Member for several prominent organizations, including the Saudi Telecom Company, the Saudi Arabian Airlines Public Agency, and the Cultural Development Fund. She is also a trustee of the International Financial Reporting Standards Foundation, highlighting her extensive influence on various sectors. When asked about her ability to balance multiple leadership roles, she attributed it to collaboration and a shared vision. “Each role complements the other, and they are interconnected in promoting economic growth and development,” she said.Championing Financial Standards and Gender EqualitySarah Al Suhaimi is not only a leader in finance but also an advocate for global financial standards and gender equality.
Her role as a trustee of the International Financial Reporting Standards Foundation reflects her commitment to promoting transparency and consistency in financial reporting worldwide. Al Suhaimi is also passionate about advancing gender equality in the business world. “Diversity in leadership is not only a matter of fairness but also a driver of innovation and success,” she asserted.Recognition as a Powerful BusinesswomanIn recognition of her outstanding contributions, Sarah Al Suhaimi ranked fourth on Forbes Middle East’s prestigious list of the region’s 50 Most Powerful Businesswomen in 2022. This accolade reflects her influence and the transformative impact she has had on the financial sector.A Vision for the FutureAs we concluded our conversation, Al Suhaimi shared her vision for the future of Saudi Tadawul Group and the financial sector in Saudi Arabia.
She emphasized the importance of continued innovation, international collaboration, and empowering the next generation of financial leaders. “Our journey is far from over, and we are committed to evolving and adapting to meet the changing needs of our investors and the global financial community,” she concluded.Sarah Al Suhaimi’s remarkable journey as the Chairperson of Saudi Tadawul Group serves as an inspiration to aspiring leaders in finance. Her dedication to transformation, commitment to financial standards, and advocacy for gender equality underscore her role as a pioneering figure in the industry. With her visionary leadership, the financial landscape of Saudi Arabia is set to continue its remarkable evolution.
