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Bank Albilad announces the appointment of the Chairman and Vice-Chairman of the Board of Directors for the upcoming term

ALBILAD 1140 -0.96% 28.82 -0.28
Element List Explanation
Announcement Detail Reference to the Bank announcement on 11/09/1443 H, 12/04/2022, of the results of the extraordinary general assembly meeting which includes the capital increase (first meeting) held on 10/09/1443 H, 11/04/2022, which includes the election clause of the members of the Board of Directors for the session, which started on 17/04/2022 for a three-year period ending on 16/04/2025.

The Bank announces the decision of the elected Board of Directors to appoint the Chairman and Vice-Chairman of the Board, after obtaining non-objection from the central bank, as follows:

1. Appointment of Mr. Nasser Mohammed Al-Subaie as Chairman of the Board of Directors effective from 17/04/2022 for a period of three years ending on 16/04/2025.

2. Appointment of Mr. Adeeb Mohammed Abanumai as Vice-Chairman of the Board of Directors effective from 17/04/2022 for a period of three years ending on 16/04/2025.

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