Mobily Appoints Nizar Banbila as CEO Following Salman al-Badran’s Departure

Saudi Arabia-based telecommunications company Mobily has announced a key leadership transition as Salman bin Abdulaziz al-Badran, the company’s current CEO, prepares to step down. According to the company’s statement, al-Badran will not renew his contract due to personal reasons, with his last day of service set for February 23, 2025.

Following this announcement, Mobily’s board of directors confirmed the appointment of Nizar Banbila as the company’s new CEO, effective February 24, 2025. The decision comes as the company seeks to strengthen its strategic initiatives and further enhance its market positioning.

Extensive Experience in Telecommunications and IT

Banbila brings over 20 years of experience in the telecommunications and information technology sectors. His professional background includes various senior leadership roles, notably serving as the CEO of STC Bahrain, a subsidiary of Saudi Telecom Company (STC). During his tenure at STC, Banbila held multiple strategic positions, contributing to the company’s development across key business units.

In addition to his work at STC, Banbila’s expertise extends beyond telecommunications. He previously held an executive role at the National Shipping Company of Saudi Arabia (Bahri), where he was responsible for managing critical business operations. Earlier in his career, Banbila worked at Mobily as an executive general manager, gaining firsthand knowledge of the company’s internal dynamics. His experience also includes positions with the General Presidency for the Affairs of the Two Holy Mosques and a subsidiary of the Saudi Water Authority.

Academic Background and Executive Training

Banbila graduated with a degree in electrical and computer engineering from Umm al-Qura University. He has also completed numerous professional development programs at leading institutions, including Cambridge University, London Business School, and Harvard University’s Executive Program. These credentials reflect his commitment to continuous learning and effective leadership in complex environments.

Mobily’s Vision for the Future

Founded in 2004, Mobily disrupted Saudi Telecom’s monopoly by launching its mobile services in May 2005, becoming a significant player in the local telecommunications market. With services ranging from mobile telephony to fixed-line and internet solutions, the company has played a central role in shaping the industry’s competitive landscape.

As Banbila assumes leadership, expectations center on Mobily leveraging his extensive background to expand its services and further develop its technological capabilities. The company is anticipated to focus on growth-driven strategies and innovative projects that align with Saudi Arabia’s evolving telecom needs. This leadership shift signals an important step in Mobily’s ongoing efforts to maintain and strengthen its presence in both local and international markets.