VOL.XXXIX

No.7

13-November-1995

SAUDI ARABIA

Chairman Of Riyad Bank Seeks New General Manager

The newly-elected executive committee ofRiyad Bank,the

secondlargest bank in Saudi Arabia, hasdecided to merge the post of "appointedmember", a position created when the

bank was placed underthe specialcustodianship ofthe Saudi Arabian Monetary Agency (SAMA)in 1962,with that of

general manager.The general meeting of Riyad Bank elected Mr. 'Umran Muhammad al-'Umran, who was until December 1991Chairman of...