Saudi National Bank said on Monday that CEO Saeed Mohammed Al Ghamdi would succeed Chairman Ammar Abdul Wahed Al Khudairy after his departure for personal reasons.
With all changes effective March 27, the bank’s board named Talal Ahmed Al Khereiji as acting CEO.
The Saudi National Bank “SNB Group” is in Riyadh, Saudi Arabia’s capital. National Commercial Bank (NCB) was created in December 1953. By merging with Samba Financial Group, SNB became a regional banking champion in 2021. SNB has subsidiaries and affiliates in 8 countries.
The Saudi Public Investment Fund and General Organization for Social Insurance hold the Saudi National Bank (GOSI).
SNB transforms the local banking system and accelerates Saudi Arabia’s Vision 2030 as the largest financial organization in the country. SNB leverages its position as the Kingdom’s largest institutional and specialist lender to assist landmark agreements and megaprojects in line with Saudi Vision objectives.
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