Saudi Research and Marketing Group (SRMG) has elected a new board of directors for the next three-year term, starting May 21, 2018, the company said in a statement to Tadawul on Tuesday.
Prince Badr bin Abdullah Al Saud was reappointed as board chairman.
In addition, the bank elected the members of the audit committee and approved the committee’s terms of reference and remuneration policy.
The board and auditor’s reports as well as financial statements for fiscal year 2017 were also endorsed.
Board members were discharged from liability for the previous fiscal year.
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