Bank AlJazira Management

Management criteria checks 2/4

Bank AlJazira's CEO is Naif Al Abdulkareem, appointed in Nov 2020, has a tenure of 4.17 years. directly owns 0% of the company’s shares, worth SAR23.17K. The average tenure of the management team and the board of directors is 4 years and 4 years respectively.

Key information

Naif Al Abdulkareem

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	4.2yrs
CEO ownership	0.0001%
Management average tenure	4yrs
Board average tenure	4yrs

Recent management updates

Recent updates

Here's Why We Think Bank AlJazira (TADAWUL:1020) Is Well Worth Watching

Oct 01

Is Now The Time To Put Bank AlJazira (TADAWUL:1020) On Your Watchlist?

Jun 30

CEO

Naif Al Abdulkareem (50 yo)

4.2yrs

Tenure

ر.س500,000

Compensation

Mr. Naif Abdulkarim Al Abdulkareem has been Chief Executive Officer of Bank AlJazira since November 1, 2020 and serves as Managing Director & Executive Director since January 21, 2021. Mr. AlAbdulkareem is...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Naif Al Abdulkareem	CEO, MD & Executive Director	4.2yrs	ر.س500.00k	0.00012% SAR 23.2k
Hani bin Noori	Senior VP & CFO	4yrs	no data	no data
Ibrahim Al-Omar	Senior VP & COO	3yrs	no data	no data
Hamad bin Al-Essa	Senior VP	4.3yrs	no data	no data
Hesham Elddin	Assistant General Manager of Development & Support	no data	no data	no data
Bader Al Boqami	Senior VP and Head of Marketing & Customer Excellence Group	less than a year	no data	no data
Faisal Al-Mansour	Senior Vice President and Head of Human Capital & Corporate Support Group	3.8yrs	no data	no data
Osama Bin Al-Ibrahim	Senior VP & Chief Risk Officer	8yrs	no data	0.00062% SAR 119.7k
Fahad Bin Al-Elayan	Senior VP and Head of Sharia	3yrs	no data	0.0038% SAR 728.0k
Abdulaziz bin Al Zammam	Senior VP & Chief Internal Audit Executive	5.7yrs	no data	no data
Sami Al-Mehaid	Senior VP and Head of Corporate & Institutional Banking Group	4yrs	no data	no data
Nahim Bassa	Senior VP and Head of Strategy & Digital Transformation Group	4yrs	no data	no data

4.0yrs

Average Tenure

Experienced Management: 1020's management team is considered experienced (4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Naif Al Abdulkareem	CEO, MD & Executive Director	4yrs	ر.س500.00k	0.00012% SAR 23.2k
Abdul Majeed Bin Ibrahim Abdul Al-Sultan	Chairman of the Board	21yrs	ر.س500.00k	0.00033% SAR 63.7k
Abdullah Bin Sulaiman Al Manee'a	Chairman of the Shariah Advisory Board	no data	no data	no data
Tarek Othman Bin Al-Kasabi	Director	27yrs	no data	0.0029% SAR 550.4k
Abdullah bin Al-Mutlaq	Vice Chairman of the Shariah Advisory Board	no data	no data	no data
Ibrahim Bin Al-Shaia	Independent Director	9yrs	no data	0.0068% SAR 1.3m
Mohammed Ali El-Gari	Member of Shariah Board	no data	no data	no data
Adil Bin Saud Al-Dahlawi	Independent Non Executive Director	6yrs	ر.س513.09k	no data
Abdullatif Khalifah Abdullah AlMulhim	Independent Director	3yrs	no data	0.46% SAR 89.5m
Saad Ibrahim Almushawah	Independent Director	3yrs	no data	0.00024% SAR 46.3k
Abdulwahab Abdulkarim Albetari	Non-Executive Director	3yrs	ر.س500.00k	0.0047% SAR 907.6k
Mohammed Bindawood	Vice Chairman of the Board	3yrs	ر.س500.00k	no data

4.0yrs

Average Tenure

58yo

Average Age

Experienced Board: 1020's board of directors are considered experienced (4 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/30 13:55
End of Day Share Price	2025/01/30 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Bank AlJazira is covered by 11 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Jaap Meijer	Arqaam Capital Research Offshore S.A.L.
Nasser bin Mohammed Al Harthy	BankMuscat SAOG
Monsef Morsy	CI Capital Research

Bank AlJazira Management

Management criteria checks 2/4

Key information

Recent management updates

Bank Aljazira Unveils Key Appointments

Less than half of directors are independent

Less than half of directors are independent

Bank Aljazira Announces the Appointment of Mr. Naif Abdulkarim Alabdulkareem as an Executive Board Member

Bank Aljazira Appoints Naif Abdulkareem Alabdulkareem as Chief Executive Officer, Effective 01 November 2020

Bank Aljazira Announces the Resignation of Nabil Dawood Al-Hoshan as Managing Director

Recent updates

Bank Aljazira Unveils Key Appointments

Consensus EPS estimates increase by 23%

Third quarter 2024 earnings released: EPS: ر.س0.32 (vs ر.س0.27 in 3Q 2023)

Here's Why We Think Bank AlJazira (TADAWUL:1020) Is Well Worth Watching

Second quarter 2024 earnings released: EPS: ر.س0.21 (vs ر.س0.22 in 2Q 2023)

Is Now The Time To Put Bank AlJazira (TADAWUL:1020) On Your Watchlist?

Bank AlJazira (SASE:1020) acquired an additional 7.05% stake in Aljazira Takaful Taawuni Company (SASE:8012) from Solidarity Group Holding B.S.C. (c).

First quarter 2024 earnings released: EPS: ر.س0.29 (vs ر.س0.20 in 1Q 2023)

Price target increased by 8.7% to ر.س18.43

Consensus EPS estimates increase by 18%, revenue downgraded

Price target increased by 12% to ر.س18.08

Full year 2023 earnings: EPS misses analyst expectations

Third quarter 2023 earnings released: EPS: ر.س0.34 (vs ر.س0.28 in 3Q 2022)

Price target decreased by 8.8% to ر.س16.10

Second quarter 2023 earnings released: EPS: ر.س0.27 (vs ر.س0.29 in 2Q 2022)

Price target decreased by 8.3% to ر.س17.71

First quarter 2023 earnings released: EPS: ر.س0.25 (vs ر.س0.43 in 1Q 2022)

Price target decreased by 9.3% to ر.س19.32

Full year 2022 earnings released: EPS: ر.س1.26 (vs ر.س1.18 in FY 2021)

Price target decreased to ر.س24.95

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: ر.س0.28 (vs ر.س0.23 in 3Q 2021)

Bank AlJazira Announces Interim Cash Dividend for the First Half of 2022, Distribution Date 15 August 2022

Investor sentiment improved over the past week

Price target increased to ر.س28.90

Price target increased to ر.س24.35

Consensus EPS estimates increase by 11%

First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Less than half of directors are independent

Investor sentiment improved over the past week

Full year 2021 earnings: EPS misses analyst expectations

Third quarter 2021 earnings released: EPS ر.س0.24 (vs ر.س0.22 in 3Q 2020)

Price target increased to ر.س21.10

Second quarter 2021 earnings released: EPS ر.س0.31 (vs ر.س0.20 in 2Q 2020)

Price target increased to ر.س19.13

First quarter 2021 earnings released: EPS ر.س0.39 (vs ر.س0.22 in 1Q 2020)

Consensus EPS estimates increase to ر.س1.30

New 90-day high: ر.س13.86

Revenue beats expectations, earnings disappoint

Full year 2020 earnings released: EPS ر.س0.041 (vs ر.س1.21 in FY 2019)

Bank Aljazira Announces the Appointment of Mr. Naif Abdulkarim Alabdulkareem as an Executive Board Member

Third quarter 2020 earnings released: EPS ر.س0.22

Revenue and earnings beat expectations

Price target raised to ر.س16.37

New 90-day high: ر.س14.56

Bank Aljazira Appoints Naif Abdulkareem Alabdulkareem as Chief Executive Officer, Effective 01 November 2020

Bank Aljazira Announces the Resignation of Nabil Dawood Al-Hoshan as Managing Director

New 90-day high: ر.س13.84

Price target raised to ر.س14.55

New 90-day high - ر.س13.08

New 90-day high - ر.س12.52

First half earnings released

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources