RIYADH: Bernd van Linder has been appointed Saudi Hollandi Bank’s (SHB’s) managing director by the bank’s board of directors. In an announcement on Sunday, SHB Chairman Mubarak Al-Khafrah said Van Linder, who was working as acting managing director since May 2009, has been confirmed in the post.
Van Linder, 41, joined SHB in 2006 as the bank’s general manager for treasury affairs. Prior to that he had worked for ABN Amro Bank in different positions. Meanwhile, SHB said it had launched a new credit facility that would enable clients to transfer the outstanding balances of all their credit cards issued by other banks to a Saudi Hollandi Bank credit card.
According to statement issued by Ehab Al-Dabbagh, SHB’s general manager for individual banking, the new system would enable customers to have a series of privileges, adding that the bank would pay all the due amounts on the customer’s credit cards to other banks.