Nomination for the Board of Directors membership shall be in accordance with the provisions stated in the Companies Law, the instructions and controls issued by the Saudi Central Bank and the Capital Market Authority. The candidate must submit a nomination application in accordance with the following conditions: 1.Fulfilling the conditions and criteria for membership as stipulated in the Board Nomination Policy, Criteria and Procedures (attached). 2.Filling out the nomination form for the Board of Directors membership and submit the required documents according to the attached form. 3.Providing a brief about the nominee, his curriculum vitae, qualifications and experience in the bank business (if any), and attach the supporting documents and certifications. 4.Providing a statement of the joint stock companies that the nominee is still a member of their boards of directors or board committees. 5.Providing a list of the previous board of directors and committees memberships of a joint-stock company. 6.Providing a list of the names of companies or institutions that the nominee participates in the management, ownership of, or businesses that carry out an activity that may compete with the Bank or may compete with any of its sub-activities. 7.Disclosing any existing businesses and contracts with the Bank or any interests the nominee has in them, directly or indirectly. 8.Attaching a copy of the National ID, Family Record, and passport. 9.Filling out the Independence Deceleration Form (attached). 10.Filling out the Fit and Proper form issued by the Saudi Central Bank and attach it to the nomination application. The form can be obtained through the Saudi Central Bank website www.sama.gov.sa. 11.Filling out the Resume form for the Board of Directors membership nominee issued by the Capital Market Authority (attached). 12.Providing any additional information or documents the Bank might request later. |
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