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Damanat appoints Eng. Thamer bin Mohammed Yousef as Chief Operating Officer

Damanat appoints Eng. Thamer bin Mohammed Yousef as Chief Operating Officer

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Dawarat appoints Eng. Thamer bin Mohammed Yousef as Chief Operating Officer as Chief Operating Officer, in a move that reflects the company’s commitment to strengthening its leadership cadres with distinguished expertise.

Eng. Thamer has more than 28 years of experience In the banking sector, where he has held several prominent leadership positions, including:

  • Chief Executive Officer, Operations & Technology at Banque Saudi Fransi (BSF).
  • Chief Technology Officer at Alawwal Bank (SAB).
  • Chief Technology Officer at Alawwal Bank (SAB).
  • Executive Director of the Technical Support Sector at the Saudi American Bank.

Chief Executive Officer of Aseer Investment Company.

  • Chairman of the Board of Directors of Sakan at Banque Saudi Fransi.
  • Member of the Board of Directors of JB at Banque Saudi Fransi.
  • Member of the JB Risk Management Board at Banque Saudi Fransi.
  • Member of the Risk Management Board at Najm.
  • عضو مجلس إدارة صناع التميز، ورئيس لجنة الترشيحات في المجلس ذاته.

Eng. Thamer Yousef holds a Bachelor’s degree in Computer Engineering from King Saud University and completed the Executive Managers Program from INSEAD, leveraging his expertise in leading operational and strategic transformations.

This appointment comes within the framework of Damanat’s efforts to drive innovation and develop its services in the housing guarantee sector. In line with the aspirations of the Saudi market and the Kingdom’s Vision 2030.

Mr. Rowaid Ajaj

Chief Risk Officer

Experience:

Over 17 years of experience in risk management at several regulatory entities, including the Saudi Central Bank, the National Cybersecurity Authority, and the Insurance Authority in the Kingdom of Saudi Arabia. He has extensive experience in credit risks, individual and corporate financing, audit, compliance, governance, fraud risks, and business continuity Former Head of Real Estate Financing Risk at the National Commercial Bank (NCB), Chief Risk Officer at Deutsche Gulf Finance, and Secretary of the Risk Management Committee..

Key Previous Roles:

Former Head of Real Estate Financing Risk at the National Commercial Bank (NCB)

Chief Risk Officer at Deutsche Gulf Finance, and Secretary of the Risk Management Committee.


Current Role at Damanat:

Chief Risk Officer, Secretary of the Risk Management Committee Secretary of the Investment Committee.


Education and Qualifications:

Holds a Master’s degree in Business Administration a Bachelor’s degree in Engineering from a university in the United Kingdom as well as a professional diploma in anti-fraud and financial crimes.