Abdulmohsen A. Al-fares
Managing director & Chief Executive Officer
TASNEE, Saudi Arabia
Abdulmohsen A. Al-Fares Board Member Mr. Al-Fares is the managing director & Chief Executive Officer at Alinma Bank. In a career spanning close to 30 years, Abdulmohsen started his professional career at Saudi Arabian Monetary Agency (SAMA) in 1983 where he worked for 18 years in various positions which the last one was the Director of the General Accounting Department. He worked at Ernst & Young in Los Angeles, USA for two years (1993-1995). He was also the Director General of the Department of Zakat and Income tax (DZIT) for four years (2001-2004), and Managing Director for Financial Services of Abdul Latif Jameel Group (ALJ) for more than two years (2004-2006). He is a board member of Alinma Bank, a board member of Technical and Vocational Training Corporation, a board member of the Saudi Association for Certified Public Accountant (SACPA), and the chairman of Alinma Tokio Marine Corp. Mr. Al-Fares is also a member of the audit committee of Saudi Basic Industries Corp. (SABIC), and a member of Riyadh Regional Council. He is a former board member of many corporations and organizations such as SABIC for 8 years, the General Organization for Social Insurance (GOSI), the Saudi Arabian General Investment Authority (SAGIA), the Saudi Agricultural Fund (SAF), and the Islamic Corporation for the Development of the Private Sector (ICD) for 8 years. He is also a former member of ICD executive committee, SABIC Finance committee, SABIC HR committee, a former chairman of Accounting Standards Committee (ASC) in Saudi Arabia, and a former chairman of the Accounting Standards Committee in the GCC. He was the chairman of the audit committee of ICD for 8 years. Mr. Al-Fares has chaired and participated in several specialized committees, work teams for both private and public sector. He participated and attended several conferences and seminars specialized in finance, accounting, investments, management, and information systems. He holds a degree in Accounting from King Saud University in 1982, and MA degree in Accounting from Western Illinois University (WIU) USA in 1989, and obtained his CPA in 1995.
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