News 2009

Jan 2009

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The American University of Beirut (AUB)Appoints Eisa Al Eisa to its Board of Trustees

The American University of Beirut (AUB) has appointed Mr. Eisa M. Al-Eisa, Managing Director & CEO of Samba Financial Group, to its Board of Trustees. The Board is collectively responsible for overseeing the university's welfare and the fulfillment of its mission. In keeping with the university's strategy since its establishment over a century ago, the Board is composed of prominent individuals from varied backgrounds including academics, business people, scientists and physicians. They bring distinctive areas of expertise and potential, enriching the Board and helping it pursue its shared vision about the importance of a university education and how AUB can fulfill its role.

AUB received its charter from the State of New York on April 24, 1863. Its head office is in New York City where it maintains a center for meetings of the Board of Trustees. It operates a university campus in Beirut and is one of the oldest and most prestigious universities in the Middle East.

Mr. Eisa Al Eisa is a respected and active member of many important economic, social, educational and philanthropic bodies and committees. He is a member of the Advisory Committee for the Supreme Economic Council and the Council for Fair Competition. He is also a Board Member of the Saudi Electricity Company, the Investment Board of the Public Pension Agency, the Economic Committee of the Supreme Commission for Tourism, the International Chamber of Commerce, the Board of Trustees of the Centennial Fund, the Trustees of Prince Mohammad bin Fahd University, the King Fahd University of Petroleum & Minerals Endowment, the Supreme Committee of King Saud University Endowment, the General Organization for Technical and Vocational Training, the Saudi Arabian Equestrian Federation, the Saudi Arabian Investment Fund (SAIF), and many others.

Al Eisa was named as the Managing Director and CEO of Samba Financial Group after he oversaw the termination of the bank's Technical Management Agreement with Citigroup and steered the bank's transition to full Saudi management in 2003. Under his visionary leadership, Samba has since grown into one of the largest and most respected banks in Saudi Arabia and the Middle East. In addition to overseeing its strong financial performance and growing international stature, Al-Eisa also continues to evolve Samba's strategy around its customers, tapping into the strength of the Samba brand and its leading-edge technology and innovative products to grow Samba's regional presence, drive geographic diversification and enhance shareholder returns. No wonder Al-Eisa has been named the Middle East CEO of the Year for Banking and the Financial Services Sector in 2007.