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Sep 26 2011

Banque Saudi Fransi announces the appointment of the managing director and the foreign partners representative to the Banks board of directors

This refers to the announcement of the board of directors of Banque Saudi Fransi issued on 16.9.1432 (16.8.2011) in relation to the conclusion of the assignment of Mr. Jean Marie Marion as BSF managing director with effect from 17.9.2011.

The Board of Directors of Banque Saudi Fransi announces the receipt from the Saudi Arabian Monetary Agency of the letter Ref. 2372/MASH/NZ dd 26.10.1432 regarding SAMAs no objection to the appointment of Mr. Patrice Couvegnes as Managing Director and representative of the foreign partner to the Banks board of directors .He will assume his responsibilities on 29.10.1432 (27.9.2011)

BSF wishes success to Mr. Couvegnes in his new assignment.

© Tadawul 2011

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