The Saudi British Bank SJSC

10/31/2021 | Press release | Distributed by Public on 10/31/2021 00:27

يعلن البنك السعودي البريطاني (ساب) عن تعيين عضو جديد بمجلس إدارته

THE SAUDI BRITISH BANK (SABB) ANNOUNCES THE APPOINTMENT OF NEW BOARD DIRECTOR

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Element List Explanation
Introduction The Saudi British Bank announces that the Board of directors approved by circulation on 30/10/2021 the appointment of Mr. Sulaiman Abdulrahman AlGwaiz as an independent member of the Board of Directors for the existing term that will end on 31/12/2022, after obtaining The Saudi Central Bank no objection on 15/03/1443 corresponding to 21/10/2021.
Element List Explanation
Appointed Member Name Mr. Sulaiman Abdulrahman AlGwaiz
Membership Type Independent
Membership Start Date 2021-11-01 Corresponding to 1443-03-26
Brief Resume of the Appointed Member Mr. AlGwaiz holds a BSc in Business Management from University of Portland, USA. He was the Governor of the General Social Insurance Corporation (GOSI) for 9 years. Additionally, held several executive positions in local banks with wide-ranging experience in Banking and financing fields. He is also a board director in number of companies.
Element List Explanation
Date of Board Meeting in which Appointed New Member(s) were Appointed 2021-10-30 Corresponding to 1443-03-24
Board Approval The Bank board has approved the appointment of the director whose details are set out above noting that the board approval should not be deemed final as the above appointment shall be presented in the next general assembly for ratification.

The Capital Market Authority and the Saudi Stock Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.