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Bashaar Yahya Al Qunaibit has been appointed as the new CEO of Saudi-listed Bank Al Bilad. The current CEO, Abdulaziz Mohammed Al Onaizan, will move into a non-executive role as chairman of the board.
Al Qunaibit was serving as the Senior Executive Vice President for Business at Bank Albilad and has a 25-year career in the financial services sector.
The changes at the bank are part of a broader leadership reshuffle. Nasser Mohammed Al Subaie will step down as Chairman of the Board, effective June 1. However, he will continue to serve as a member of the Board and the Executive Committee until 16 April 2028.
(Writing by Bindu Rai, editing by Seban Scaria)
