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#1- The board of Saudi National Bank (SNB) approved the reappointment of Saeed Al Ghamdi (bio) as the bank’s chairman after the Saudi Central Bank gave its “no objection” clearance, it said in a disclosure to Tadawul. Al Ghamdi was first appointed as the bank’s chairman in March 2023 after the resignation of former chairman Ammar Al Khudairy for “personal reasons.” Prior to his appointment as chairman, he has been serving as the bank’s managing director and group CEO since 2021.
ALSO FROM SNB- The board also reappointed Yazeed Al Humied (Linkedin) as vice chairman, according to the disclosure. Al Humied has been serving as vice chairman since 2021. He is also the Public Investment Fund’s deputy governor and head of MENA investments.
#2- Tadawul-listed Saudi Industrial Investment Group has appointed a new board of directors with Khalil Al Watban (bio) as chairman, it said in a disclosure to Tadawul. Al Watban boasts 30 years of experience in the petrochemicals industry, and has previously held positions at Ma’aden, SABIC, and the Power & Water Utility Company for Jubail & Yanbu. The new board will have a four-year term ending in May 2028.
