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ATM & BranchesSABB Announces Resignation Of A Board Director And Appointment Of A New Board Director
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January 2018
SABB announces that the Board of Directors has issued a resolution by circulation on Thursday 11 January 2018, appointing Stephen Moss, as Non-Executive Director of SABB Board, representing HSBC Group effect from 14 January 2018 in succession and replacement of Nigel Hinshelwood who submitted his resignation to the board on 10 January 2018 due to his resignation from HSBC group, which was accepted on Thursday 11 January 2018 effective from to date.
Stephen Moss is currently the Group Head of Strategy and Planning at HSBC United Kingdom. He holds a degree in Economics and Accountancy from the University of Kent, UK, in 1988. He also holds a degree in French History Economics and General Studies from King Edward VI School, UK in 1985. Moreover, Stephen has accumulated experience in Strategy and Planning for almost 25 years in Banking, Investment and strategy which he acquired from his work in senior positions within the Group.
SABB Board Chairman and Directors have expressed their appreciations to Nigel Hinshelwood for all his valuable contributions and effective participations during his directorship; as they also have welcomed Stephen Moss and wished him all success.
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Saudi Awwal Bank, a listed joint stock company, incorporated in the Kingdom of Saudi Arabia, with paid in capital of SAR 20,547,945,220, commercial registration certificate 1010025779, unified number 7000018668, Mailing Address: P.O. Box 9084, Riyadh 11413. National Address: 7383 King Fahad Branch Rd, 2338 Al Yasmeen Dist., 13325 Riyadh, Kingdom of Saudi Arabia, Tel. +966 11 4050677, www.sab.com, licensed pursuant to the Council of Ministers Resolution No. 198 dated 06/02/1398H and Royal Decree No. M/4 dated 12/08/1398H, and regulated and supervised by the Saudi Central Bank.