The Board of Directors of Samba Bank Limited (SBL), in its recently held meeting, announced the appointment of Dr Shujaat Nadeem as the new Chairman of the Board of SBL. Dr Shujaat Nadeem has been a nominee director of Samba Financial Group (SFG), Kingdom of Saudi Arabia, on the Board of SBL since 2007. Prior to joining SFG in 2003 as General Manager, Group Treasurer, he hasd served with Citigroup for 10 years and held key positions in London and New York as well. He has completed his Ph.D. from Massachusetts Institute of Technology (MIT), USA.

In addition, SBL Board has been further strengthened with the appointment of two newly- elected directors namely, Mr Antoine Mojabber and Mr Medhat Fareed Abbas Tawfik, who are also nominee directors of SFG. Mr Mojabber has more than 32 years of corporate and retail banking experience and is presently Group Head, Corporate Banking, Samba Financial Group, Kingdom of Saudi Arabia. Mr Tawfik has more than 22 years of operations, compliance and audit risk review experience with Samba Financial Group, Kingdom of Saudi Arabia and is presently working as the Chief Internal Auditor.-PR

Copyright Business Recorder, 2013