Riyadh – Mubasher: Al Rajhi Bank’s elected Board of Directors approved appointing Abdullah bin Sulaiman Al Rajhi as the Chairman of the board for the new three-year term that started on 14 November 2020.

The board also named Ibrahim bin Mohammed Al Romaih as the Vice Chairman, according to a bourse statement on Wednesday.

During the first nine months of 2020, the lender registered SAR 7.47 billion in profits, an annual drop of 4.7%.