Saudi Hollandi shareholders approve rebranding plan

01/11/2016 Argaam

Saudi Hollandi Bank’s (SHB) extraordinary general assembly meeting approved on Monday a plan to rebrand the bank and its subsidiaries, the bank said in a statement to Tadawul.

 

Meanwhile, the shareholders also re-elected members of the board for another three-year term starting from Jan. 1, 2017.

 

The board chairman and vice chairman will be appointed later on, the statement added.

 

In October, SHB’s managing director Bernd Van Linder resigned for personal reasons. Linder will leave the bank on Dec. 31. 

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