SABB Appoints Al-Nasser as DMD

RIYADH, 24 March 2006 — The board of directors of SABB has appointed Adel Marzook Al-Nasser, general manager credit and risk, as deputy managing director with effect from June. He replaces Sulaiman Al-Hamdan who resigned from the bank’s services to attend to his own business. The board thanked Al-Hamdan for his loyalty and dedication during his 22 years with the bank and wished Al-Nasser success in his new role.