“Damanat” Appoints Eng. Thamer bin Mohammed Youssef as Chief Operating Officer
The Saudi Housing Guarantee Services Company “Damanat” has announced the appointment of Eng. Thamer bin Mohammed Youssef as its Chief Operating Officer (COO), reinforcing the company’s commitment to strengthening its leadership team with distinguished expertise.
Eng. Thamer brings over 28 years of experience in the banking sector, having held several key leadership positions, including:
- Chief Operating and Technology Officer at Banque Saudi Fransi (BSF).
- Chief Technology Officer at The Saudi Awwal Bank (SAB).
- Executive Director of Technical Support at The Saudi British Bank (SABB).
- Executive Director of Technical Support at The Saudi American Bank.
In addition to his executive career, Eng. Thamer serves on multiple boards of directors, including:
- Chairman of Sakan at Banque Saudi Fransi.
- Board Member of JB at Banque Saudi Fransi.
- Board Member of JB Risk Management at Banque Saudi Fransi.
- Board Member of Risk Management at Najm.
- Board Member of Excellence Makers, where he also serves as Chairman of the Nomination Committee.
Eng. Thamer holds a Bachelor’s degree in Computer Engineering from King Saud University and has completed the Executive Management Program at INSEAD, equipping him with extensive expertise in operational and strategic leadership.
His appointment aligns with Damanat’s vision to drive innovation and enhance its housing guarantee services, contributing to Saudi Arabia’s Vision 2030 and the evolving needs of the market.