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Riyad Bank Board/Management Information 2017

Mar 29, 2017

53250_rns_2017-03-29_32830346-b460-4815-bb22-e00fd45a3493.html

Board/Management Information

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Riyad Bank announces the Appointment of CEO

1010 · 29/03/2017 09:29:35 · Announcement #46182 · View on Saudi Exchange

Riyad Bank announces the Appointment of CEO

Riyad Bank announces that the Board of Directors of the Bank approved the appointment of Mr. Abdulmajeed Abdullah Almobarak as Chief Executive Officer at its meeting on 27/03/2017G corresponding to 28/06/1438H.

Mr. Abdulmajeed Abdullah Almobarak has previously worked at Riyad Bank since 1991 to 2013, during which he acquired diverse banking experience for nearly 22 years, during which he assumed many responsibilities and assumed many leadership positions until he was reappointed as Deputy Chief Executive Officer to the Bank on 22/09/2014G. He was also appointed as acting CEO as of 31/10/2016 to date.

The Capital Market Authority and Saudi 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.