Lazard Ltd. announced that the firm has hired Sarah Al-Suhaimi as Chair of Lazard's Financial Advisory business in the Middle East and North Africa (MENA), and that she will be appointed Chair of Lazard Saudi Arabia subject to regulatory approval. Sarah Al-Suhaimi is a prominent business figure in the Kingdom of Saudi Arabia. She has held a number of senior leadership positions across the financial services industry in Saudi Arabia in the past 20 years, including serving as Chair of the Saudi Stock Exchange (Saudi Tadawul Group) since 2017. She previously served as Chief Executive Officer at SNB Capital and earlier in her career held roles at Jadwa Investment and Samba Capital.

Since 2021, she also serves on several boards including those of Saudi Airlines and Saudi Telecom Company, and has been a trustee of the IFRS Foundation since 2019.