SABB shareholders to vote on electing board members on Dec. 21

Shareholders of Saudi British Bank (SABB) are set to vote on electing members of the board of directors for the upcoming term, starting Dec. 21, during the ordinary general assembly meeting that will be held on Dec. 8.

According to Tadawul statement, they will also discuss the formation of an audit committee for the three-year term starting Jan. 1, 2023. 

Shareholders will vote on mandating the board of directors with the powers of the general assembly according to the Companies Law, for a period of one year starting from the general assembly approval date or until the end of the delegated board of directors’ term, whichever is earlier.

Shareholders can begin e-voting on the agenda items through Tadawulaty website, as of Dec. 17.