RIYADH: Bank Albilad has announced the appointment of Nasser bin Muhammad Al-Subaie, as Chairman of the Board of Directors and Chairman of the Executive Committee (non-executive member), succeeding Dr. Abdulrahman bin Ibrahim Al-Hamid (late).
Riyadh Bank Albilad announces the issuance of the Board of Directors’ decision, after obtaining SAMA Non-objection regarding the appointment of Nasser bin Muhammad Al-Subaie, as Chairman of the Board of Directors and Chairman of the Executive Committee (non-executive member), and the appointment of Fahd bin Abdullah bin Dakhil as Vice-Chairman of the Board (non-executive member).
On this occasion, the Board of Directors would like to mention the valued efforts made by Dr. Abdulrahman bin Ibrahim Al-Hamid, may Allah have mercy on him during his presidency of the bank’s board of directors.
The effective date of the Board of Directors’ resolution, starting from the obtaining date of SAMA Non-objection on 25/6/1442 AH corresponding to 7/2/2021 AD until the end of the current term of the Board, which ends on 16/4/2022 AD.
Bank Albilad is a Saudi joint stock company, headquartered in Riyadh. It was established with a Royal Decree 48/M on 21/9/1425H (corresponding to 4 November 2004) with a corporate capital of 7.5 billion Saudi Riyals.
Bank Albilad offers shariah compliant products and services, that are unmatched in the Kingdom.
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