VOL. XXXIX

No. 2

9-October-1995

SAUDI ARABIA

New Boss For Saudi International Bank

Mr. Peter de Roos is to retire as Executive Director of London-based Saudi International Bank (SIB) on 1 November after 13 years in the job. His successor Mr. Robert McGinn, is 53 years old and a US citizen and joins the merchant bank from JP Morgan, whose parent Morgan Guaranty has a 20% stake in SIB. The Saudi Arabian Monetary Agency (SAMA) has a 50% share in SIB with the remaining stock held by National...