VOL. XLIV

No 46

12-November-2001

SAUDI ARABIA

Riyad Bank Elects New Chairman

Saudi Arabia痴 Riyad Bankannounced on 3 November that its board of directors had elected Rashid 'Abdal-'Aziz al-Rashid as the bank痴 new chairman. Mr Rashid takes up the positionpreviously held by Shaikh Muhammad Aba al-Khail. Mr Rashid acted as the bank痴vice chairman for six years, prior to which he was a board member. In a statement,the bank said that Mr Rashid holds board directorships with the Supreme Councilof Tourism...