Riyadh – Mubasher: The Saudi Investment Bank (SAIB) named Abdulatif Ali Al Seif as the board’s Chairman for the next three years.
Mohammed Saleh Al Khalil was announced as the Vice Chairman, according to a bourse filing.
The two officials assumed their roles for a new board term that commenced on 14 February 2025 and will end on 13 February 2028.
The Saudi Central Bank (SAMA) greenlighted the two appointments on 26 February 2025.
SAIB recently unveiled its financial results for 2024, recording 11.07% year-on-year (YoY) higher profits at SAR 1.95 billion, compared to SAR 1.76 billion.
