Crucial Points
- Saudi National Bank Chairman Ammar al-Khudairy has resigned his submit.
- He will be changed by SNB Handling Director and team CEO Mohammed al-Ghamdi.
- Al-Khudairy’s resignation comes within just days of his mid-March responses that SNB was not likely to enhance its stake in Credit rating Suisse, at a time when the European financial institution battled a crisis of investor self confidence that plunged its shares.
