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HSBC’s Saudi Unit Hires Aldossary as Women Make Inroads in Gulf

  • Aldossary named chief investment officer of HSBC Saudi Arabia
  • Women’s employment in executive roles still lagging in Mideast
Muneera Aldossary
Muneera Aldossary

Source: Mulkia Investment Co.

HSBC Holdings Plc’s Saudi Arabia unit has hired Muneera Aldossary as chief investment officer, according to people familiar with the matter, the latest sign that more women are rising to senior roles in the kingdom’s financial industry.

Aldossary previously worked as chief executive officer of Mulkia Investment Co., a local asset manager, and prior to that was head of equity investments for Saudi Fransi Capital. HSBC Saudi Arabia declined to comment.