Who We Are

Faris AlGhannam

CEO and Board Member

Faris AlGhannam is currently Chief Executive Officer and Board Member of HSBC Saudi Arabia and a member of HSBC Middle East, North Africa and Turkey Executive Committee. Prior to this, Faris was leading the investment banking, capital markets and issuers services business and operations for HSBC in the Kingdom of Saudi Arabia. Before joining HSBC, Faris worked for several years at another banking institution in London, the United Kingdom covering capital markets in the UK and EMEA.

Faris is also an Independent Director of Board and Chairman of the Audit Committee of a leading pharmaceutical manufacturer in MENA region, as well as an Independent Director of the Board of a leading consumers company in the Kingdom and a Board of Director of AlTamayyuz Finance & Accounting Excellence Academy. Faris is a member of the Finance Program Board for College of Business Administration, Prince Sultan University.

Faris holds an MBA from the Jones School of Business at Rice University and a BSc in Accounting from Prince Sultan University (first honors).

Mona Al Alwany

Chief Compliance Officer

Mona Al Alwany was appointed as the Chief Compliance Officer at HSBC SA since 27 February 2023, bringing over 17 years of experience in banking and compliance.

She joined HSBC SA in 2015 and has held several key roles within the Compliance function, including Senior Manager of Regulatory Compliance, and Assistant Compliance Officer at the Arab National Bank, which she joined initially during 2007.

Mona Holds a bachelor Degree from Umm Al-Qura University, and has earned several professional certificates, including International Compliance Association (ICA), the International Advanced Certificate in Compliance & Anti Money Laundering, and the Certified Compliance Officer (CCO).

Madhur Bhandari

Global Head of Public Sector and Country Head Securities Services

Madhur Bhandari joined HSBC Saudi Arabia (HSBC SA) in 2014 and has led Securities Services business since then. In his capacity as the Global Head of Public Sector and Country Head Securities Services, he is responsible for leading and developing the Direct Custody and Clearing, Fund Services and Issuer Services business lines.

Prior to his current position in HSBC SA, he has done different roles with HSBC Group in Oman, Bahrain and India.

He is a Chartered Accountant from the Institute of Chartered Accountants of India, a Company Secretary from the Institute of Company Secretaries of India and also holds degrees in Law and Commerce from the Rajasthan University in India.

Amir Bourani

Managing Director - Head of Global Banking Coverage

Amir Bourani leads HSBC Saudi Arabia’s Coverage platform, with over 15 years of Corporate and Investment Banking experience, with primary focus on covering HSBC’s top priority clients in the Kingdom from a Banking, Capital Markets and Corporate Finance perspective.

Previously General Manager of Global Banking in HSBC Bank Oman, Amir led a team of Bankers and oversaw a number of complex Advisory and Debt Financing mandates with the Government and Government related entities.

Amir started his career in HSBC in the UK (2007), where he carried out multiple roles across Coverage, Strategy, and moved on to become a Director in the Leveraged & Acquisition Finance business in London responsible for the origination and execution of Private Equity Leveraged Finance transactions, supporting a variety of European Private Equity firms.

Amir is a BA (Hons) Graduate in Business Administration and Management from the University of Greenwich.

Khaza Moinuddin Chistie

Chief Financial Officer

Khaza Chistie was appointed as Chief Financial Officer of HSBC Saudi Arabia Limited in August 2016.

Khaza's key tasks include keeping management aware of the new regulations accounting standards and HSBC best practices, providing strategic direction to senior management and ensuring controls are not compromised with expansion but maintained with adequate staff, increased automation and modern tools.

Prior to joining HSBC SA, Khaza worked in Abu Dhabi Islamic Bank Saudi Arabia serving as CFO, from 2012 to 2016. Chestie also worked in various roles in HSBC Bank during the period of 1998 & 2012.

Khaza holds a MBA-Finance from Andhra University in India. He also holds professional certifications: Certified Public Accountant (CPA) & Certified Management Accountant (CMA).

Suhaib AlZaid

Head of Human Resources

Suhaib AlZaid has joined HSBC Saudi Arabia on 1st December 2021 to lead the HR team as Head of Human Resources. Suhaib joins us from AXA Cooperative Insurance where, most recently, he led the HR Team for the AXA business in Saudi Arabia. Suhaib has a wealth of professional HR experience working in HR roles since 2011 across multiple sectors including Manufacturing and Financial Services. Prior to AXA, Suhaib held HR roles at Arab National Bank and Bank Saudi Fransi in Saudi Arabia. He brings a proven commercial, pragmatic, problem-solving mindset to the role – along with a global perspective having worked in multinational firm such as AXA Insurance.

Suhaib holds a Master’s degree in Human Resources, a Bachelor degree in English and CIPD level 5. Additionally he is a certified trainer, certified occupational tester and a certified HR professional