In a step towards gender equality, a woman has been hired to head up the Saudi stock exchange for the first time ever.
Sarah Al Suhaimi, who serves currently as NCB Capital Co’s CEO was announced on Thursday, February 16 as the new chair of Saudi Arabia’s bourse, the Tawadul, which is the region’s largest.
Alongside her new appointment as chair of the Tawadul, Al Suhaimi is expected to keep her position at NCB Capital, the investment banking unit of National Commercial Bank.
Al Suhaimi’s appointment is significant in a country where the female unemployment rate is more than 34 per cent, and women are prohibited from driving, competing freely in sports, travelling outside the country or marrying without a guardian’s consent and more.
A step in the right direction…
It’s been less than a month since Saudi Arabia held its first ever Women’s Day event in the capital of Riyadh.
The three-day gathering, which took place …