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Saudi British Bank Announces Appointment of a Board Member

SAB 1060 4.63% 35.00 1.55
Element List Explanation
Introduction THE SAUDI BRITISH BANK (SABB) ANNOUNCES THE APPOINTMENTS OF NEW BOARD DIRECTOR
Element List Explanation
Member Name Mr. Martin Powell
Membership Type Independent
Assignment Start Date 2019-07-15 Corresponding to 1440-11-12
CV of the assigned member Mr. Martin holds a Chartered Institute of Bankers, U.K. He has 40 years of Banking, financial services and risk management. And assumed several roles in Royal bank of Scotland PLC including the Chief Risk officer – Capital Resolution Division and board member of Alawwal Bank.
Element List Explanation
Date of Board Meeting which Assigned New Member(s) in 2019-07-14 Corresponding to 1440-11-11
Board Approval SABB Board has issued a resolution by circulation on 11/11/1440 Corresponding to 14/07/2019 to approve the appointment of the director whose details are set out above.

It should be noted that the appointment of the director set out above is not final and it shall be submitted for ratification by the next General Assembly Meeting.

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