Al Rajhi Bank CEO resigns
Riyadh, March 4, 2012
The board of Saudi Arabia's Al Rajhi Bank accepted the resignation of its chief executive Abdullah al-Rajhi, replacing him with Suleiman Al-Zain, according to a statement on the bourse website on Sunday.
The statement said the resignation, for which it gave no reason, would be effective from April 1 and that he would continue to work on the board. - Reuters