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Al Rajhi Bank Announces Resignation of a Board Member and Member of the Audit Committee.
| Element List | Explanation |
|---|---|
| Introduction | Al Rajhi Bank announces the resignation of Mr. Abdulatif bin Ali Al Seif from his position as a member of the Board of Directors (Independent Board Member) and the Audit Committee due to personal reasons, where it will take effect from 31-12-2024G corresponding to 30-06-1446H. The Board of Directors of Al Rajhi Bank presents its sincere thanks and gratitude to Mr. Abdulatif bin Ali Al Seif for his valuable efforts and active contributions during his membership. |
| Element List | Explanation |
|---|---|
| Resigned Member Name | Abdulatif bin Ali Al Seif |
| Membership Type | Independent |
| Resignation Submission Date | 2024-12-12 Corresponding to 1446-06-11 |
| Resignation Effective Date | 2024-12-31 Corresponding to 1446-06-30 |
| Membership Starting Date for the Resigned Member | 2023-11-14 Corresponding to 1445-04-30 |
| Reasons of Resignation | Due to personal reasons |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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