Journalism of Courage

Ex-Aramco executive appointed as first woman on Saudi Central Bank board

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

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.

 

Ms Sheila Al-Rowaily

 

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.

She obtained a bachelor’s degree in interior architecture from King Faisal University and then earned an MBA in finance, from the American University of Beirut in 1997, according to her LinkedIn profile.

 

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.

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