SAB reappoints Lubna Olayan as Chairman, Suliman Algwaiz as Vice

05:09 PM (Mecca time) Argaam
SAB says the board members were elected for the coming three-year term, commencing on Jan. 1, 2026

SAB says the board members were elected for the coming three-year term, commencing on Jan. 1, 2026

Saudi Awwal Bank (SAB) received today, Dec. 29, the Saudi Central Bank’s (SAMA) no-objection on the reappointment of Lubna Olayan as Chairman and Suliman Algwaiz as Vice Chairman.

 

The bank’s board of directors, in a meeting held on Dec. 8, elected the chairman and vice chairman for the upcoming term, subject to obtaining SAMA’s non-objection.

 

According to data available with Argaam, the bank’s ordinary general meeting, convened earlier this month, elected the board members for a new three-year term commencing on Jan. 1, 2026.

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