THE MIDDLE EAST’S

85. Rafik Nayed

Designation: Group CEO
Company: Al Salam Bank
Residence: Bahrain
Nationality: Libyan
Sector: Banking

Nayed joined Al Salam Bank as group CEO in 2018. By March 2026, the bank had $22.6 billion in total assets and had made $273 million in total income during Q1 2026. In July 2026, ASB Capital, the bank’s $9.1 billion asset and wealth management arm, served as a joint lead manager and bookrunner on Dubai Islamic Bank’s $1 billion AT1 sukuk issuance. Nayed is also chairman of Al Salam Bank Algeria and managing director of ASB Capital.