Logo of Saudi Awwal Bank (SAB)
Saudi Awwal Bank (SAB) received today, Dec. 29, the Saudi Central Bank’s (SAMA) no-objection on the reappointment of Lubna Olayan as Chairman and Suliman Algwaiz as Vice Chairman.
The bank’s board of directors, in a meeting held on Dec. 8, elected the chairman and vice chairman for the upcoming term, subject to obtaining SAMA’s non-objection.
According to data available with Argaam, the bank’s ordinary general meeting, convened earlier this month, elected the board members for a new three-year term commencing on Jan. 1, 2026.
Logo of Saudi Awwal Bank (SAB)
Saudi Awwal Bank (SAB) received today, Dec. 29, the Saudi Central Bank’s (SAMA) no-objection on the reappointment of Lubna Olayan as Chairman and Suliman Algwaiz as Vice Chairman.
The bank’s board of directors, in a meeting held on Dec. 8, elected the chairman and vice chairman for the upcoming term, subject to obtaining SAMA’s non-objection.
According to data available with Argaam, the bank’s ordinary general meeting, convened earlier this month, elected the board members for a new three-year term commencing on Jan. 1, 2026.

