Al Rajhi Bank names new chairman, vice chairman

The board also named Ibrahim bin Mohammed Al Romaih as the Vice Chairman

  
 Al Rajhi Bank Head office - the world's largest Islamic bank by capital - The first branch of the bank was opened for men in Al-Deera district in Riyadh.

Al Rajhi Bank Head office - the world's largest Islamic bank by capital - The first branch of the bank was opened for men in Al-Deera district in Riyadh.

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Riyadh –  Al Rajhi Bank’s elected Board of Directors approved appointing Abdullah bin Sulaiman Al Rajhi as the Chairman of the board for the new three-year term that started on 14 November 2020.

The board also named Ibrahim bin Mohammed Al Romaih as the Vice Chairman, according to a bourse statement on Wednesday.

During the first nine months of 2020, the lender registered SAR 7.47 billion in profits, an annual drop of 4.7%.

Source: Mubasher

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