VOL. XLIII

No. 41

9-OCTOBER-2000

SAUDI ARABIA

Saudi Hollandi Appoints New Managing Director

Riyadh-based Saudi Hollandi Bank announced on 1 October that it has appointed a new managing director, Henrik Mulder, to succeed Herman Erbe, who will return to a position with ABN Amro in Holland. Mr Mulder also worked for ABN Amro prior to his new posting, which took effect as of 1 October.

The Dutch banking group ABN Amro holds a 40% stake in the Saudi bank, with the remaining shares held by Saudi...