Munthir Alsheddie brings over a decade of Saudi Arabian banking experience, with a focus on digital transformation, digital products and innovation to enhance the customer experience. His background includes key roles with some of the Kingdom’s leading banks, namely SAB, Riyad Bank, and ANB.

Munthir joins Tarabut from Arab National Bank, where he served as Head of Digital Business, overseeing the development of the bank's diverse digital products portfolio. Additionally, his professional journey includes pivotal roles at stc pay and Mastercard, marking a career that has truly covered the digital banking landscape.

His extensive background, combined with his entrepreneurial mindset, establishes him as an expert in digital banking, fintech, emerging technology, and retail banking in Saudi Arabia.

Abdulla Almoayed, Founder and CEO of Tarabut, added:

“We extend a warm welcome to Munthir, our new Country Manager for Saudi Arabia. Munthir’s entrepreneurial zest and experience in the Kingdom’s banking sector is a testament to his capabilities. His experience at esteemed financial institutions aligns perfectly with our focus on supporting financial institutions on their new digital offerings in the Kingdom. Munthir will be a guiding force for Tarabut's next chapter of growth, investment, and development in the Kingdom as we continue to support the critically important Financial Sector Development Program (FSDP) pillar of Vision 2030. ”

Munthir Alsheddie, Country Manager - Saudi Arabia, at Tarabut, said:

“I am delighted to join Tarabut, the leader in open banking in the MENA. Open banking will be, without a doubt, one of the most impactful technology solutions to transform how people bank. Having worked across Saudi Arabia’s banking sector for over a decade, I’m excited for the opportunity to scale Tarabut’s Open Banking propositions - connecting banks, data and customers like never before, to fuel the Kingdom’s growth and maturity in the new ‘Oil Data’ boom ahead.”

"Tarabut has undertaken this challenging task, and with great leadership, a differentiating technology stack, and strong investors, it has shown its unparalleled capabilities. The company's network of partners and access to the region's widest financial data network position it perfectly to achieve this goal."