Riyad Bank appoints new CEO

JEDDAH, 17 January — Riyad Bank, one of the largest commercial banks in the Kingdom, said yesterday it had appointed a new president and chief executive replacing Alan Thompson, who had left his post for personal reasons. A statement released by the bank said deputy chief executive Talal Al-Qudaibi succeeded Thompson, who has returned home to attend family matters after five years in his post. Qudaibi joined the bank in 1982. The bank has also appointed Suliman Al-Qwaiz as deputy chief executive, the statement said.