---
id: 207
title: "Kingdom Holding wins CFI Corporate Leadership Award for 2012"
award_year: 2012
published: 2012-09-27 15:19:38
published_gmt: 2012-09-27 15:19:38
author: "CFI.co Editorial"
url: "https://cfi.co/awards/finance/2012/kingdom-holding-wins-cfi-corporate-leadership-award-for-2012/"
categories: ["Corporate Leadership", "Finance"]
content_class: award_rationale
independence_status: independent_editorial
sponsor_disclosure: none
editorial_lens: constructive_positive_lens
historical_status: current_at_publication
correction_status: none
archive_policy: no_delete
provenance_layer: github_versioned
wayback_status: archived
wayback_first_snapshot: 20260523040914
wayback_snapshot_url: "http://web.archive.org/web/20260523040914/https://cfi.co/awards/finance/2012/kingdom-holding-wins-cfi-corporate-leadership-award-for-2012/"
license: CFI-OAAL-1.0
content_sha256: 5f238519df0e2d938bbfd7815fc01ae8e2602a4bcf121cdc16c872a9c2292a91
canonical: 207-kingdom-holding-wins-cfi-corporate-leadership-award-for-2012.json
---

# Kingdom Holding wins CFI Corporate Leadership Award for 2012

> Verbatim archived copy. Canonical machine record: `207-kingdom-holding-wins-cfi-corporate-leadership-award-for-2012.json`.

<p style="text-align: justify;"></p>
<p style="text-align: justify;"><img class="aligncenter size-full wp-image-2058" src="https://cfi.co/awards/wp-content/uploads/2012/09/k1.jpg" alt="k" width="349" height="218" /></p>
<p style="text-align: justify;"><strong>Prince Alwaleed Bin Talal, chairman of Kingdom Holding has been a shrewd and successful investor and major international business figure for many years. </strong></p>
<p style="text-align: justify;">He established Kingdom Holding in 1979 and by the end of the next decade had gained a controlling interest in the ailing United Saudi Commercial Bank. USCB was fixed and then merged with another struggler of the time, Saudi Cairo Bank. Eventually USCB merged with top player Saudi American Bank. Prince Alwaleed would later become Citibank’s largest shareholder (which has paid off handsomely for him). Apart from his significant domestic investments, Alwaleed also has holdings in majors such as News Corp and The Four Seasons. According to the CFI judging panel, Kingdom Holding’s rewarding investment strategy and strong commercial judgment make this organisation - led by the charismatic Prince Alwaleed -  an obvious Middle East choice in the 2012 Corporate Leadership Awards. The judges point out that the Company’s sphere of influence is global.</p>