Thursday 30, March 2017 by William Mullally

Acting CEO confirmed as CEO for Riyad Bank

The Board had approved the appointment of Abdulmajeed Abdullah Almobarak as Chief Executive Officer.

In a statement to the Tadawul, Riyad Bank announced that the Board had approved the appointment of Abdulmajeed Abdullah Almobarak as Chief Executive Officer at its meeting on 27 March 2017.

Abdulmajeed Abdullah Almobarak previously worked at Riyad Bank between 1991-2013, during which he acquired diverse banking experience for nearly 22 years. During this time, he assumed many responsibilities and assumed many leadership positions until he was reappointed as Deputy Chief Executive Officer to the Bank on 22 September 2014. He was appointed as acting CEO as of 31 October 2016 to date.

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