Arab National Bank announced that the newly elected Board of Directors has approved the selection of Salah Rashid Al-Rashid as Chairman of the Board and Abdulmohsen Ibrahim Al-Tuwaijri as Vice Chairman of the Board, pending no objection from the Saudi Central Bank.
This follows the Extraordinary General Assembly meeting of Arab National Bank held on Tuesday, which resulted in the election of board members for a three-year term.
The National Center for Family Enterprises: Execution of 166 mediation processes and settlement of disputes worth 282 million Riyals in 2025.
Arab National Bank
The Arab National Bank (ANB) is a major commercial bank in Saudi Arabia, founded in 1979 by royal decree. It was established to support the kingdom’s economic development and has grown to become one of its leading financial institutions, offering a full range of banking and investment services.
Saudi Central Bank
The Saudi Central Bank, known as the Saudi Arabian Monetary Authority (SAMA) until 2020, is the central bank of the Kingdom of Saudi Arabia. It was established in 1952 primarily to issue the national currency, the Saudi Riyal, and to stabilize the country’s financial system following the discovery of oil. Today, it manages monetary policy, supervises commercial banks, and holds the kingdom’s foreign reserves, playing a crucial role in the nation’s economic development.
The National Center for Family Enterprises
The National Center for Family Enterprises is a specialized institution in Vietnam, established to support and develop the country’s family-owned businesses. It provides training, consultancy, and policy advocacy, recognizing the significant historical role these enterprises have played in Vietnam’s economy since the Đổi Mới (Renewal) economic reforms began in 1986.
