Sheila Al-Rowaily, a former treasurer of Saudi’s Aramco oil, has become the first woman to be appointed to the board of the the Saudi Central Bank.
Persecondnews.com gathered that Her appointment comes after a royal decree issued by Saudi Arabia’s King Salman.
Ms Al-Rowaily is among a growing number of women taking on senior leadership roles in the kingdom and across the Gulf region.
Ms Al-Rowaily has served in different trading and investment roles at Aramco for more than 20 years. She joined the world’s largest oil-producing company in 1998 as a money market trader and later worked as a financial analyst
In 2006, Ms Al-Rowaily moved to the energy company’s office in Houston, Texas, where she served as treasurer until the end of 2007.
She subsequently returned to Dhahran to lead Aramco’s portfolio management team, then became director of the investment management department before joining Wisayah.
Ms Al-Rowaily, a Sloan Fellow, attained a master’s degree in business administration from the MIT Sloan School of Management.
Ms Al-Rowaily has served as chief executive of Wisayah Investment Company, a wholly owned subsidiary of Aramco, since 2019.
Wisayah manages Aramco’s pension funds, defined contribution funds and other long-term investment portfolios.