THE MIDDLE EAST’S

95. Rafik Nayed

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

Nayed joined Al Salam bank as CEO in 2018, overseeing the group’s operations in Bahrain, Algeria, among others. The group had $20.8 billion in assets by June 2025 and had made $105.5 million in net profit during H1 2025. Nayed is also the Managing Director of ASB Capital, and the Chairman of both Gulf African Bank in Kenya and MEC Ventures. Before his current role, he was Vice Chairman of Deutsche Bank for the Middle East and Africa, Regional CEO and Senior Executive Officer of Deutsche Bank, and Acting CEO of the Libyan Investment Authority.