| Element List | Explanation |
|---|---|
| Introduction | Riyad Bank announces the resolution of Board of Directors to accept the resignation of Mr. Abdurrahman Mohammed Al-Thehaiban from his position as a member of the Board of Directors as of 27-11-2022, corresponding to 03-05-1444, due to new circumstances that occurred recently from his organization, which would affect his performance as a Board Member of Riyad Bank. |
The Members of the Board of Directors expressed their gratitude and appreciation to Mr. Abdurrahman Al-Thehaiban for his efforts during his membership in the Board of Directors , wishing him the continues success.
| Element List | Explanation |
|---|---|
| Resigned Member Name | Abdurrahman Mohammed Al-Thehaiban |
| Membership Type | Independent |
| Resignation Submission Date | 2022-11-27 Corresponding to 1444-05-03 |
| Resignation Acceptance Date | 2022-11-27 Corresponding to 1444-05-03 |
| Resignation Effective Date | 2022-11-27 Corresponding to 1444-05-03 |
| Membership Starting Date for the Resigned Member | 2022-10-31 Corresponding to 1444-04-06 |
| Reasons of Resignation | Due to new circumstances that occurred recently from his organization, which would affect his performance as a Board Member of Riyad Bank. |
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.