The Chairman of Riyad Bank, Abdullah Mohammed Al-Issa, praised the appointment of Abdul Majeed Abdullah Al-Mubarak as the bank's Chief Executive Officer, appreciating his choice to lead the bank at this important stage due to his banking experience and career, wishing him success in achieving the bank's ambitious goals, realizing the aspirations of shareholders and meeting the expectations of the bank's customers.

<Alissa expressed the board's confidence in the ability of Al Mubarak and his colleagues to achieve leadership, innovation and outstanding efforts to take the bank to the next stage, and for everyone to be active in it, adding in a speech to the bank's employees on this occasion: “We are fully convinced that all of you as a team are our hopes in realizing our ambitions, and with Brother Abdulmajeed and his leadership colleagues, you will achieve your ambitious goals and bring the bank to the position to which we all aspire.”

Alissa said. “The bank is eagerly looking forward to assuming a leading position among local and regional banks,” Alissa said, adding that the bank is on the threshold of a new phase of its journey, whose slogan is excellence and creativity, and whose goal is to achieve excellence and obtain the status that the bank deserves."

Mubarak has served as the bank's CEO for more than a decade. Al Mubarak had served as Acting CEO since the end of last October, before the Board of Directors decided to appoint him as CEO.

Mubarak had served as Acting CEO since the end of last October.