Case Study: Al Rajhi Bank achieves enterprise-wide, employee-driven breakthrough innovation with HYPE Innovation

Al Rajhi Bank Employees driving Innovation

Al Rajhi Bank, the world’s largest Islamic banking group and one of Saudi Arabia’s fastest-growing banks, needed to make breakthrough innovation a core priority across its nine business units. With 8,000 employees worldwide and a multilingual workforce, the bank sought a way to surface high-impact ideas that would drive material revenue growth and cost reduction rather than just incremental suggestions.

The bank implemented HYPE’s idea-management platform mirrored in Arabic and English and went live enterprise-wide, running nine targeted campaigns in the first six months. More than 1,000 employees participated, and a robust selection process has put nine high-value innovations into implementation, while empowering staff, capturing additional ideas for future use, and offering rewards for concepts that deliver material business impact.

Al Rajhi Bank

Saleh Sulaiman AlSuwaiyel

General Manager,Retail Banking Group