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Alinma Bank appoints new Chairman, Vice Chairman

Alinma Bank appoints new Chairman, Vice Chairman
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Riyadh – Mubasher: Alinma Bank named Abdulmalik Abdullah Alhogail as the board’s Chairman for the next three years, according to a bourse filing.

Saad Abdulaziz Alkroud was appointed as the Vice Chairman for a new board term that began on 21 May 2025 and will end on 20 May 2028.

The Saudi Central Bank (SAMA) greenlighted the appointments on 2 June 2025.

In the first quarter (Q1) of 2025, the Saudi lender posted 14.70% year-on-year (YoY) higher net profits after Zakat and tax at SAR 1.50 billion, compared to SAR 1.31 billion.