Saudi Arabia’s Evolving Capital Markets: Focus on Repo & Securities Lending
- 27 April 2026
- Riyadh, Saudi Arabia
Saudi Arabia’s Evolving Capital Markets: Focus on Repo & Securities Lending
65 days until the event
Abdullah Alghamedi
Head of Custody & Securities Services
Alrajhi Capital
Abdullah Alghamedi is a senior capital markets executive with over 20 years of experience in Custody and Securities Services, focusing on institutional transformation and the strategic scaling of securities services in Saudi Arabia.
Abdullah Alghamedi
Head of Custody & Securities Services
Alrajhi Capital
Read moreSarah Alothman
Managing Director – Head of Securities Services
Riyad Capital
Sarah Fahad Alothman is the Managing Director – Head of Securities Services department at Riyad Capital. In addition to her current role at Riyad Capital, Ms. Alothman is also a member of the Custody Committee at the Capital Market institution in CMA. Ms. Alothman has extensive experience in the Asset Management industry with Securities Services Expertise. She has previously held executive roles at several international Capital Markets Institutions. Prior to her role at Riyad Capital, she held executive positions at HSBC Saudi Arabia where she was also the Vice Chairperson of the Valuation and Review Committee, that was in addition to her role as head of funds services and global custody back at HSBC. Ms. Alothman holds a Master’s degree in Finance from Illinois Institute of Technology, Chicago, with specialization in Financial Markets as well as professional executive education certificate from INSEAD.
Sarah Alothman
Managing Director – Head of Securities Services
Riyad Capital
Read moreMadhur Bhandari
Country Head of Securities Services
HSBC
Madhur is the Head of HSBC’s Securities Services business in Saudi Arabia which include its custody, fund administration, transfer agency and securities lending agency product lines.
He is a qualified lawyer, Chartered Accountant, Chartered Global Management Accountant and has previously worked in Securities Services and Financial Institutional Group Relationship Coverage roles in HSBC in Oman, Bahrain and India. Madhur has over 23 years of work experience of which a significant portion is in leadership and client facing roles.
Madhur joined the HSBC team in Saudi Arabia in December 2014, and along with his team on the ground, has overseen the substantial growth of the business in Saudi and has also closely been closely involved in the various market changes that are taking place in the capital markets space in Saudi Arabia.
He is also the Chairperson of the industry working group of custody sub-committee formed under the Capital Markets Institutions Framework.
Madhur Bhandari
Country Head of Securities Services
HSBC
Read moreEbru Boysan
Market Specialist Debt Capital Markets, Middle East and Africa
Bloomberg
Ebru has specialized in fixed income markets for the region since 2008, responsible for localizing Bloomberg’s products, multi-class asset product development and business strategy including Islamic Finance. Prior to this, she managed Bloomberg Sales for Russia, CIS (the new name for former Soviet republics), Eastern Europe, the Balkans and Turkey. Ebru started her career in Solomon Brothers New York, as a Debt Capital Markets analyst focusing on sovereign debt issuance and asset liability advisory. Ebru has authored a number of articles – topics include the introduction of VAT in the GCC and the Pakistan economy. She has an MSc in finance from Lancaster University in the United Kingdom. Ebru also works closely with exchanges, Central Banks and Ministry of Finances on formation of liquidity platforms in local markets in the fixed income space.
Ebru Boysan
Market Specialist Debt Capital Markets, Middle East and Africa
Bloomberg
Read moreIna Budh-Raja
Chief Executive Officer
ISLA
Ina Budh-Raja joined ISLA in December 2025 as Chief Executive Officer responsible for the development of ISLA’s growth strategy and overseeing its core activities to help build a more transparent, efficient, resilient and reputationally robust foundation for the market.
Prior to ISLA, Ina spent 7 years at BNY, across a number of roles including Global Head of Securities Finance Regulatory Strategy, Public Policy & Industry Affairs, where she was responsible for leading the business’ efforts to identify new opportunities in a changing regulatory environment. Prior to BNY, Ina held both commercial and legal roles across the industry over 20 years, including as managing counsel for securities finance at State Street and Deutsche Bank, covering the agency lending, principal lending, equity finance and money markets desks. Ina is a qualified lawyer with an active practicing certificate (Law Society of England & Wales) and is also a member of the Bank of England Money Markets and Securities Lending Committees and is Co-Chair of the Bank of England UK Money Markets Code Sub-Committee.
Ina was a Director on the ISLA Board from 2019-2022 and was subsequently appointed as Chair of the Board of ISLA from 2022-2025, during which time the organisation grew significantly, with Ina playing a considerable role in the establishment of ISLA’s affiliate, ISLA Americas. She also championed the launch of ISLA’s future talent initiative, ISLA Connects. As well as being ISLA’s first female Chair and CEO, Ina is co-lead of the London chapter of Women in Securities Finance.
Ina Budh-Raja
Chief Executive Officer
ISLA
Read moreJalal T. Faruki
Head of Securities Division
SNB Capital
Jalal has over 23 years of experience in financial markets across multiple functions covering global markets and asset classes.
He is currently Head of Securities Division at SNB Capital where he has held additional roles such as Head of Custody & Securities Services, Head of Trading and Sales Trading in the Securities division since 2019.
Prior to that he held positions including Head of Institutional Brokerage, Head of Treasury, Sales Trading and Portfolio Manager for various financial institutions and listed companies in the USA, UAE and Saudi Arabia during his career.
Jalal graduated with a bachelors degree in Business Administration from Virginia Tech in 2002; he previously held SEC licenses of Series 7 and 63 in the USA, various CISI licenses in the UAE and currently an active CME license in Saudi Arabia.
Jalal T. Faruki
Head of Securities Division
SNB Capital
Read moreMichele Filippini
EMEA Head of Product Management
J.P. Morgan
Michele has 20 years of financial services experience, with 12+ years as a Collateral Management expert, developing deep expertise in platform development and strategic solutions for the J.P. Morgan Triparty business. His primary focus at J.P. Morgan is on Asset Mobilisation and Optimisation of collateral, ensuring clients achieve maximum efficiency and flexibility in their collateral management processes.
Michele plays a pivotal role in the ongoing design, development, and enhancement of J.P. Morgan’s Triparty platform, driving innovation and operational excellence. In the past year, Michele has worked on a J.P. Morgan Triparty onshore Saudi collateral management product, expanding the market footprint of the Triparty product to now operate in 36 markets, supporting the evolving needs of global clients and clients in the MENA region.
Michele’s career is defined by a commitment to delivering robust, client-centric solutions and advancing the global collateral management landscape through technology and market expertise.
Michele Filippini
EMEA Head of Product Management
J.P. Morgan
Read moreDean Naumowicz
Partner
Latham & Watkins
Dean Naumowicz is a partner in the London office of Latham & Watkins and is a member of the firm’s Corporate Department, Financial Institutions Group, and the Capital Markets, Derivatives, and Structured Finance Practices. He has extensive experience advising on a wide range of derivatives and structured products including credit, equity, and commodity transactions.
Dean advises banks on hedging, acquisition, and financing strategies relating to equity positions, including:
• Funded and unfunded collars (and variable prepaid forwards), including where used for accelerated purchases (friendly and hostile)
• Structured put option financing transactions and stock loan transactions
• Related regulatory and corporate matters, such as market abuse, disclosure and transparency rules, exchange and clearing house rules, margin rules, and Companies Act and Takeovers Code matters
He also has particularly well-developed expertise advising on Sharia-compliant structured products and he has advised on innovative financial structures in emerging markets covering all asset classes.
Dean’s broad practice combines both transactional and advisory expertise. An industry leader, he is a contributor to various International Swaps and Derivatives Association, Inc. (ISDA) publications. He is currently advising the International Securities Lending Association in relation to securities lending and borrowing practices across the Middle East, including regulation and drafting new forms of master documents.
Dean Naumowicz
Partner
Latham & Watkins
Read moreBryan Pascoe
Chief Executive Officer
ICMA
Bryan Pascoe took over the role of Chief Executive of the International Capital Market Association in September 2021, assuming responsibility for leading ICMA’s work with its global membership of over 620 entities representing all constituent participants across all regions in the international debt capital markets. The primary mission of ICMA is to promote resilient, well-functioning and globally coherent fixed income markets through both effective regulatory advocacy and the advancement of best practice.
Prior to joining ICMA Bryan built up almost 30 years of experience across investment and corporate banking, global markets businesses and bank treasury functions in London, Hong Kong and the Middle East. Most of his previous career was spent at HSBC where he held high profile and large-scale leadership positions across both prominent front-line business areas and critical functions including Global Head of Debt Capital Markets, and Group Treasurer and Head of Asset, Liability and Capital Management through times of considerable market development, challenge and disruption.
Bryan Pascoe
Chief Executive Officer
ICMA
Read more