Saudi British Bank Appoints New Chairman and MD

Al Olayan, a leading businessman in the kingdom, is chairman of the Olayan Group, a multi-faceted international group in the fields of commerce, industry, services and investments. He replaces the late Abdullah Al Hugail, who was a major contributor to the growth of SABB.

“Since joining SABB’s board of directors in January 2002, Al Olayan has played a key role in guiding the bank to its current position as one of the largest and most respected financial institutions in the kingdom,” a spokesman for the bank said.

habib@khaleejtimes.com