Moody’s opens regional HQ in Saudi Arabia

02:32 PM (Mecca time) Argaam
Logo ofMoody’s

Logo of Moody’s

Moody’s Corporation announced today that it has established a regional headquarters in Riyadh, Saudi Arabia, reflecting its ongoing commitment to support the development of the Kingdom’s capital markets and economy.

 

This investment aligns to the Kingdom's Vision 2030 initiative, and underscores its dynamism and growth, it added in a statement.

 

The new regional headquarters marks an expansion of Moody’s presence in Saudi Arabia, where the company first opened an office in 2018, and reflects its longstanding commitment to the Middle East.

 

Furthermore, the headquarters will strengthen Moody’s engagement with Saudi institutions and enable broader access to Moody’s decision‑grade data, analytics and insights.

 

Moody’s also stated that Mahmoud Totonji will lead the regional headquarters as General Manager. It highlighted that Totonji brings extensive experience in establishing and growing financial institutions across the GCC region, including his previous work establishing Moody’s Ratings in Saudi Arabia.

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