Riyad Bank reappoints Abdullah Al-Issa as Chairman, Mutaz AlAzzawi as Vice Chairman

Logo of Riyad Bank

Riyad Bank’s board of directors approved today, Nov. 5, the appointment of Abdullah Al-Issa as Chairman and Mutaz AlAzzawi as Vice Chairman, according to a statement to Tadawul.

The approval followed receipt of a no-objection from the Saudi Central Bank (SAMA).

The board decided during its meeting on Oct. 28 to select and nominate the Chairman and Vice Chairman for the new term, subject to SAMA’s approval.

In October, shareholders of Riyad Bank approved the election of new board members for a three-year term, starting Oct. 31 and ending Oct. 30, 2028, according to data available with Argaam.