Riyad Bank shareholders approve amending bylaws

Riyad Bank’s shareholders approved amending bylaws to comply with the new companies' law the company said in a statement to Tadawul.

The decision came during the extraordinary general meeting (EGM) held on May 29, during which they also approved amending the nomination and selection policy for membership of the board and its committees.

Meanwhile, they approved amending the nominations and remuneration committee regulation and the audit committee regulation.