Investor Presentaiton
Private Banking Strategy: Accelerate profitable growth
Status quo
Strong private banking franchise with many customers served through RMs with same coverage for HNW & UHNW
Key Strategic
Priorities
Key
Strategic
Initiatives
Revisit segmentation
and coverage
Redesign the
500 operating model
•
Elevate private banking
organization
•
Implement target private
•
Revise customer segments,
introducing 2 segments -
Private and Private+
Increase focus on high value
private banking customers
Revise capacity and hire
RMs
Update RM performance
KPIs, train RMs and
integrate into tool
performance tracking
module
banking organization
• 2 segments
Introduce UHNW
segment within private
banking to ensure right
service and offering for
different segment needs
Expand product offering,
esp. in investment and
lending to further
penetrate this segment
The Saudi Investment Bank - 3Q 2023 Investor Presentation
Revamp value
proposition
Streamline and
automate key processes
Introduce new products and
services
•
Redesign:
• credit,
Revamp investment offering
from ICAP
•
•
onboarding and
account maintenance
journeys
P. 19View entire presentation