Alinma Bank Thanks Outgoing Board and Welcomes New Members

In a gesture of thanks and appreciation, Alinma Bank has held a ceremony at its head office in Riyadh to honoroutgoing members of itsboard of directors, whose term ended on May 20, 2013.

The event was hosted by Eng. Abdulaziz Bin Abdullah Al Zamil, chairman of the board of directors of the bank. In attendance were Mr. Abdulmohsen Al-Fares, the managing director and CEO, andthe following board honorees:Dr. Suleiman Bin Mohammed Al-Turkey, Mr. Abdulmohsen Bin Abdul Aziz Al-Hussein, Mr. Saad Bin Ali Al- Kathiri, Dr. Saad Bin Attiya Al-Ghamdi and Dr. Ibrahim Bin Fahad Al-Gufaili,Dr. Abdulrahman Bin Hamad Al-Harkan and Mr. Mohammed Bin Yousif Naghi.New members that were welcomed at the event includedMr. Hamoud Bin Abdullah Al-Tuwaijri and Mr. Mohammed Bin Suleiman Abanami, who have joined the board in its second session.

Eng. Al-Zamil opened the ceremony with a speech welcoming attendeesin which he praised the board’s efforts and the bank’s achievements. He noted that during the relatively short period of time since the bank’s establishment, Alinma has garnered numerous awards, been praised by economists and has won the confidence of international credit rating agencies.

Also speaking at the event, Mr. Al-Fares added his own words of praise for the bank’s performance. "Our achievements stand as testaments to the strength of this institution and the hard work of our board members, general managers and all employees of the bank,”said Al-Fares.

He also noted that the bank had launched with its “Aspire” marketing campaign through which Alinma welcomed its partners to era of optimism and excellence in banking, and that currently the bank was reemphasizing this message with its “Banking Redefined”campaign, which further communicates the values, principles, and messages of the bank to its partners.

At the close of the ceremony, memorial trophies were presented to former members, who wished incoming members and the bank continued success and development.