Bank Albilad reappoints Nasser Al-Subaie as Chairman, Adeeb Abanumai as Vice Chairman

Logo of Bank Albilad

Bank Albilad’s board of directors approved the appointment of Nasser Al-Subaie, a non-executive member, as Chairman, and Adeeb Abanumai, an independent member, as Vice Chairman.

In a statement to Tadawul, the bank said the board decided—at its April 17 meeting—to appoint the Chairman and Vice Chairman, conditional upon non-objection from the Saudi Central Bank (SAMA), which was received on April 24. The appointments were announced thereafter.

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According to data available with Argaam, Bank Albilad’s extraordinary general meeting (EGM) approved the election of board members from among the nominees for the upcoming term at its April session. The new term runs from April 17, 2025, through April 16, 2028.