VOL. XLVI

No 21

26-May-2003

SAUDI ARABIA

NCB Shareholders Elect New Board Of Directors

National Commercial Bank (NCB), Saudi Arabias largest bank, has formed a new board of directors following an extraordinary general assembly of the banks shareholders on 20 May in Jiddah. New members of the board include Muhammad al-Madhi, 'Abd Allah Rahmi, Ibrahim Shams and 'Abd al-Hadi Shaih (who is also the General Manager). Existing members of the board include Mr. 'Abd Allah Salim Bahamdan (CEO), Mr. Mutlaq...