Aramco Executive Becomes First Woman on Saudi Central Bank Board

Saudi Arabia appointed a former Saudi Aramco executive as the first female to join the board of its central bank, the latest sign that the kingdom is looking to name more women to senior roles in its financial industry.

Sheila Alrowaily, who worked for Saudi Aramco for more than 20 years in trading and investments positions, has been appointed as a board member for the Saudi Central Bank, according to a royal decree. She currently serves as the chief executive officer of Wisayah Investment Co., a firm that invests Saudi Aramco pension funds.

Alrowaily is among a growing number ...