Salam Al-Khunaizi, chief executive officer of BSF Capital, is stepping down after five years leading the Saudi financial services firm, according to an update on his LinkedIn profile.
Al-Khunaizi will remain on the board of the company, the update said, signaling a continued role in the firm’s strategic direction even as it transitions to new leadership.
Riyadh-based BSF Capital is the investment banking arm of Banque Saudi Fransi and provides services including investment banking, asset management, debt and equity research, institutional sales and trading, as well as local and international brokerage.