Riyad Bank shareholders elect new board

Logo of Riyad Bank

Riyad Bank said its shareholders elected a new board of directors during an extraordinary general meeting held on Oct. 28.

According to a statement to Tadawul, the new three-year board term will begin on Oct. 31, 2025, and end on Oct. 30, 2028.

The elected members are Ibrahim Sharbatly, Abdulrahman Tarabzouni, Abdullah Al-Issa, Omar Almadhi, Mutaz Al-Azzawi, Mansoor Almansoor, Mona Al-Tawil, Hani Al-Jehani, and Yasser Al-Salman.

Shareholders also approved an amendment to Article 17 of the company’s Articles of Association, related to management.

In addition, the meeting authorized the new board to exercise the powers of the ordinary general assembly regarding the license stated in Paragraph (1) of Article 27 of the Companies Law for one year from the date of approval or until the end of the board’s term, whichever comes first, in line with the executive regulations for listed joint-stock companies.