Saudi National Bank appoints Ammar Al Khudairy as chairman, Saeed Alghamdi as MD & CEO

04/04/2021 Argaam

Saudi National Bank’s board of directors decided, on April 1, 2021, to appoint Ammar Abdul Wahed Al Khudairy (non-executive) as board chairman, replacing Saeed Mohammed Alghamdi from the date of issuance of the resolution until the end of the current board term.

 

The company said in a bourse statement that Yazeed Abdulrahman Al Humied (non-executive) was appointed as vice chairman, replacing Rashid Ibrahim Sharif from the resolution issuance date until the end of the current board term.

 

The board of directors also decided to terminate the appointment of Talal Ahmed Alkhereiji as acting CEO of the bank, and name Saeed Mohammed Alghamdi as MD and CEO from the board resolution issuance date.

 

According to data compiled by Argaam, National Commercial Bank (NCB) and Samba Financial Group announced on April 1, 2021, the formal completion of merger and the commencement of operations of the newly merged entity under the name – Saudi National Bank.

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