Sarah Al-Suhaimi: First Woman to Chair the Saudi Stock Exchange

Explore how Sarah Al-Suhaimi rose to become Tadawul’s first female chair and a leading figure in Saudi finance and trade.

Sarah Al-Suhaimi: First Woman to Chair the Saudi Stock Exchange

Saudi Arabia’s transformation is often told through megaprojects, new industries and ambitious national targets. But behind those milestones are leaders who spent years building the institutions, expertise and confidence needed to make transformation possible. Sarah Al-Suhaimi is one of them.

Across more than two decades, Al-Suhaimi has moved through some of the Kingdom’s most influential financial institutions (Samba, Jadwa Investment, NCB Capital, Saudi Tadawul Group and Lazard) before beginning a new chapter in 2026 as Chairperson of Bahri, the National Shipping Company of Saudi Arabia. Her career is remarkable not simply because she broke barriers for Saudi women, but because she repeatedly proved that technical expertise, disciplined execution and institutional leadership can turn barriers into benchmarks.

Sarah Al-Suhaimi: First Woman to Chair the Saudi Stock Exchange

Early Life and Education: Building Credibility Through Competence

Sarah Al-Suhaimi earned her bachelor’s degree in accounting with honors from King Saud University in 2001 and later completed the General Management Program at Harvard Business School in 2015. Her education gave her a strong technical foundation, but her earliest years in finance demanded something beyond qualifications: the ability to establish credibility in an industry where women were still rare.

She began her career in asset management at Saudi American Bank, later known as Samba. A detailed profile of her early years recounts that she initially worked from a separate floor because women could not work alongside the male employees in her division. She also faced assumptions that her family background, rather than her ability, had opened doors for her. Her response was not confrontation for its own sake. It was performance.

Al-Suhaimi immersed herself in training, research, compliance, risk and portfolio management. She helped implement a front-office asset management system that replaced elements of a heavily manual investment process and steadily progressed from research analyst to senior portfolio manager. It established a pattern that would define her career: learn the institution deeply, master the details and let results build trust.

Sarah Al-Suhaimi: First Woman to Chair the Saudi Stock Exchange

Leadership in Saudi Finance: From Investor to CEO

In 2007, Sarah Al-Suhaimi joined Jadwa Investment, where her responsibilities expanded dramatically. She eventually led its Asset and Wealth Management division and became Chief Investment Officer, overseeing billions of riyals across multiple asset classes. Then came a historic appointment.

In 2014, Al-Suhaimi was named CEO and board member of NCB Capital, becoming the first woman to lead a Saudi investment bank. At the time, NCB Capital was one of the Kingdom’s most significant investment institutions and its largest asset manager. She entered the position not as a symbolic appointment, but with a mandate to strengthen the business.

Her results became one of the clearest demonstrations of her leadership. During her tenure from 2014 to 2021, assets under management grew more than fourfold, brokerage market share increased by more than 10%, and the firm completed major investment banking mandates across debt capital markets and mergers and acquisitions.

Behind those numbers was a leadership philosophy centered on institutional strength. She refocused parts of the business toward more reliable recurring revenues, strengthened relationships with institutional investors and worked to rebuild internal confidence. Her rise was becoming about more than being the first woman in the room. It was about what she delivered once she was there.


A Mission That Inspired a Generation

In February 2017, Sarah Al-Suhaimi reached a milestone with national significance when she became the first woman to chair the Saudi stock exchange. Her appointment came as Saudi Arabia was embarking on a profound economic transformation under Vision 2030. The Kingdom was seeking deeper global investment links, stronger financial-market infrastructure and greater participation by women in the economy. Al-Suhaimi’s career increasingly intersected with all three.

During her years chairing what became Saudi Tadawul Group, the Saudi capital market underwent an extraordinary period of development. The Kingdom gained greater integration with international markets, joined major emerging-market indices and hosted Saudi Aramco’s landmark 2019 listing. The market also expanded its infrastructure through initiatives including derivatives, clearing services and the creation of Saudi Tadawul Group.

These were institutional achievements involving regulators, executives and teams across the Saudi financial ecosystem, rather than the work of any single person. Yet as board chair, Sarah Al-Suhaimi occupied a crucial governance position during a period when the exchange was evolving from a primarily domestic marketplace into an increasingly internationally connected capital-market platform. Her final Saudi Tadawul Group board term concluded on January 1, 2026.

Sarah Al-Suhaimi: First Woman to Chair the Saudi Stock Exchange

Institutional Innovation and National Impact

Sarah Al-Suhaimi’s story closely mirrors one of Vision 2030’s most important themes: building world-class Saudi institutions capable of competing and collaborating globally. Her influence has extended beyond Tadawul. In 2022, Lazard appointed her Chair of its Financial Advisory business in the Middle East and North Africa, connecting her Saudi market expertise with one of the world’s established financial advisory firms. Lazard continued to identify her in that role as it expanded its regional presence in 2025.

Then, in January 2026, her journey entered another strategic sector. The board of Bahri appointed Sarah Al-Suhaimi Chairperson for a three-year term ending in January 2029. She was also appointed Chair of its Executive Committee. The move is significant. After years helping govern institutions at the heart of Saudi finance, she is now contributing at board level to a national company operating in shipping, trade and logistics, areas central to the Kingdom’s ambition to strengthen its position as a global logistics hub.

It is a powerful evolution: from managing investments, to transforming an investment institution, to helping oversee capital-market infrastructure, and now to providing leadership in a sector that physically connects Saudi Arabia with the world.

Sarah Al-Suhaimi: First Woman to Chair the Saudi Stock Exchange

Recognition, Legacy and the Road Ahead

Sarah Al-Suhaimi has repeatedly appeared among the Middle East’s most influential businesswomen and has participated in international platforms including the World Economic Forum. Yet rankings and titles tell only part of her story. Her deeper legacy lies in the progression itself.

When Al-Suhaimi entered Saudi finance, she worked in an environment where simply being a woman in investment management made her unusual. Two decades later, she has chaired the institution at the center of the Saudi capital market, advised within global finance and now leads the board of one of the Kingdom’s strategically important shipping companies. That journey captures something fundamental about Saudi Arabia’s transformation. Vision 2030 is not only opening doors; it is creating an environment in which Saudi talent can move across sectors, lead increasingly sophisticated institutions and connect national ambition with global opportunity.

Sarah Al-Suhaimi’s career shows what happens when opportunity meets preparation. She did not build her reputation through one breakthrough appointment. She built it assignment by assignment, institution by institution and result by result. And as Saudi Arabia enters its next era of growth, her journey continues to offer a powerful lesson to the generation coming behind her: breaking a barrier may make history, but building something after crossing it is what creates lasting impact.


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Why Sarah Al-Suhaimi Inspires a Generation

1. Breaking Barriers in Financial Leadership
Became the first woman to chair the Saudi Arabian Stock Exchange, marking a historic milestone for women in Saudi finance.

2. Transforming Investment Institutions
As CEO of NCB Capital, she helped grow assets under management more than fourfold while strengthening the firm’s position in investment banking.

3. Connecting Saudi Markets to the World
During her Tadawul chairmanship, Saudi capital markets became more globally integrated, with major developments in market access, infrastructure, and international investment.

4. Expanding Her Impact Beyond Finance
Now Chairperson of Bahri, Al-Suhaimi is extending her leadership into shipping and logistics, another sector closely tied to Saudi Arabia’s Vision 2030 ambitions.

Discover more inspiring stories at Saudi Wins, where Vision 2030 comes to life.