Management

Khalid bin Mahfouz was a highly influential Saudi Arabian billionaire, banker, and entrepreneur. Before founding Saudia Bahrain Investments, he was best known for his leadership in transforming the National Commercial Bank (NCB) into one of the largest and most successful financial institutions in the Middle East.

As a member of the prominent Bin Mahfouz family, Khalid amassed a vast fortune through banking, investments, and real estate. Under his leadership, NCB became Saudi Arabia’s biggest bank, playing a crucial role in the kingdom’s economic growth. His business interests extended beyond banking, with significant investments in international markets, making him one of the wealthiest and most powerful businessmen in the Arab world.

Beyond his business success, Khalid bin Mahfouz was known for his philanthropic efforts, supporting charitable causes in Saudi Arabia and globally. His family remains a major force in Saudi finance and commerce, continuing his legacy of entrepreneurship and economic influence.

Khalid bin Mahfouz passed away in 2009, leaving behind a remarkable legacy as a visionary banker and billionaire who helped shape Saudi Arabia’s modern financial sector.