Basam Alfuhaid Promoted to Assistant Manager IT GRC at The Saudi Investment Bank

Basam Alfuhaid has advanced to the role of Assistant Manager, IT Governance, Risk, and Compliance (IT GRC) at The Saudi Investment Bank, marking a significant milestone in his professional journey across technology governance, risk management, and regulatory compliance. With a background in software engineering, he brings a technology-driven perspective to strengthening governance frameworks and aligning IT practices with organizational objectives.

Before this advancement, Alfuhaid served as Senior Specialist in IT GRC at The Saudi Investment Bank, building expertise in IT governance frameworks, risk identification, and compliance. He also completed the bank’s competitive Graduate Development Program, gaining cross-functional exposure to information technology, cybersecurity, compliance, and banking operations. During the program, he led a cost-optimization project that delivered multi-million Saudi riyals in annual savings. His earlier experience includes enterprise application analysis at neoleap and technical training at Riyad Bank.

Alfuhaid holds a Bachelor’s degree in Software Engineering from King Saud University and a Nanodegree in Data Analytics from Udacity. Combining technical expertise with risk and governance knowledge, he continues to contribute to stronger IT controls, operational resilience, and responsible technology management within the banking sector.