Riyadh – Mubasher: Al Rajhi Bank announced the opening of the nomination period for the election of 11 members to its board of directors for a new three-year term, according to a bourse disclosure.

The upcoming board cycle is scheduled to commence on 14 November 2026 and will conclude on 13 November 2029.

Al Rajhi Bank specified that the nomination window will open on 12 July 2026 and shall remain active until 11 August 2026.

Interested candidates must submit their applications and required documentation to the bank’s headquarters in Riyadh or via email.

According to the disclosure, candidates must meet specific criteria, including professional experience and regulatory compliance.

The bank’s policy requires that certain board members possess extensive banking experience exceeding 15 years.

Furthermore, candidates are restricted from holding board positions in more than five listed joint-stock companies simultaneously.

The selection process will involve a review by the Nominations and Remuneration Committee, followed by the acquisition of a "no objection" notice from the Saudi Central Bank.

Final election of the members will take place during a General Assembly meeting using cumulative voting.