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Mr Banaja joined the Board in 2008 and was CEO of SEDCO from 2008 to 2010. He is currently the Chairman of SEDCO Capital and was the firm’s first CEO, overseeing its formation in 2010. He began his career with Citibank in 1971 and then held senior positions at the National Commercial Bank for 12 years.

He is currently a Director of Al Faisaliah Group and SEDCO Holding. He was a Director of Jeddah Urban Development and Regeneration Company, and was previously on the Economic Advisory Team to the Supreme Economic Council.

Mr Banaja has a BSc in Mathematics and Economics from the University of Kent.