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Nemeh Sabbagh:The Man Behind Shoman’s Exit From Arab Bank

 | 17/8/2012 12:25 AM

 

17 August (LP)- Nemeh Sabbagh the man who Abelhamid Shoman decided he cannot live with under one roof in Arab Bank, is Al-Hariri family’s Banking man, serving as the Executive General Manager and Board Member of BankMed in Lebanon. He then was pushed in Shoman’s face and took his chair  as the Chief Executive Officer of Arab Bank in January 2010.

before joining Al-Hariri Empire, Sabbagh worked in several banks across the region, , he was Managing Director and Chief Executive Officer of Arab National Bank in Riyadh, Saudi Arabia. Previously, he worked with National Bank of Kuwait for 19 years where he was General Manager of the International Banking Group in charge of the bank’s international activities, branches and subsidiaries worldwide. He was a member of the bank’s Management Executive Committee and served on the Boards of Directors of the bank’s overseas subsidiaries and was Managing Director of London based National Bank of Kuwait (International)Plc.

Previously, he worked with the Industrial Bank of Kuwait, First Chicago in Chicago and the World Bank in Washington, D.C.

The Lebanese Sabbagh was educated in the United States and France. He has an MBA in Finance from the University of Chicago, an MA in International Economics from the Johns Hopkins University and completed his undergraduate studies (BA) in Economics and French at Austin College in Texas and at L’ Institut d’Etudes Politiques in Paris. He is also an alumnus of Stanford University where he completed the Senior Executive Program at the Graduate School of Business.

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