Alinma Bank Holds Its Fifth Ordinary General Assembly

On March 17, 2014, Alinma Bank held its fifth ordinary general assembly, with shareholders, board members and bank executives all in attendance.

Engr. Abdulaziz Al- Zamil, chairman of the Alinma Bank Board of Directors, lead the assembly’s proceedings. Al-Zamil thanked all attendees for coming and detailed for them the bank’s achievements during the 2013 fiscal cycle, including the bank’s remarkable financial results.  He also made special note of the role that the board of directors, executive management and employees played during 2013 in helping Alinma work towards the fulfillment of its vision.

The business portion of the meeting included the assembly’s adoption of the agenda, approval of the board of directors’ report for the fiscal year, ratification of the financial statements, discharge of the members of the board of directors, approval of the auditors’ report, approval of employee bonuses and compensation paid to the board members, and assigning new auditors for the 2014 fiscal cycle.