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MarketScreener Homepage  >  Equities  >  Saudi Arabian Stock Exchange  >  The National Commercial Bank    1180   SA13L050IE10

THE NATIONAL COMMERCIAL BANK

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National Commercial Bank : Announces the Retirement of CEO and the Appointment of Acting CEO

11/10/2020 | 04:41am EST

​The National Commercial Bank announces that the Board of Directors of the Bank approved on 17/03/1442H (as per Um Al Qura calendar) corresponding to 03/11/2020 the request of retirement of Mr. Faisal Omar Alsakkaf from his position as Chief Executive Officer of the Bank. The last working day for Mr. Alsakkaf will be 16/05/1442H (as per Um Al Qura calendar) corresponding to 31/12/2020.

The Board of Directors expressed their gratitude and appreciation to Mr. Faisal Omar Alsakkaf for his excellent work during his tenure as CEO of the Bank.

The Board of Directors of National Commercial Bank approved on 17/03/1442H (as per Um Al Qura calendar) corresponding to 03/11/2020 the appointment of Mr. Talal Ahmed Alkhereiji as acting Chief Executive Officer of the Bank starting from 17/05/1442H (as per Um Al Qura calendar) corresponding to 01/01/2021.

Mr. Alkhereiji holds a Master's degree in International Business and a Bachelor's degree in International Economics from Georgetown University - USA. Mr. Alkhereiji also has over 25 years of experience in the banking and financial sector. His most recent position has been Deputy CEO at The National Commercial Bank.

Disclaimer

NCB - National Commercial Bank SJSC published this content on 10 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 November 2020 09:40:08 UTC


© Publicnow 2020
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Financials
Sales 2020 21 073 M 5 618 M 5 618 M
Net income 2020 10 564 M 2 816 M 2 816 M
Net Debt 2020 - - -
P/E ratio 2020 12,5x
Yield 2020 2,59%
Capitalization 135 B 36 107 M 36 115 M
Capi. / Sales 2020 6,43x
Capi. / Sales 2021 6,25x
Nbr of Employees 12 883
Free-Float 45,2%
Chart THE NATIONAL COMMERCIAL BANK
Duration : Period :
The National Commercial Bank Technical Analysis Chart | 1180 | SA13L050IE10 | MarketScreener
Technical analysis trends THE NATIONAL COMMERCIAL BANK
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 10
Average target price 46,20 SAR
Last Close Price 45,30 SAR
Spread / Highest target 22,7%
Spread / Average Target 1,99%
Spread / Lowest Target -9,49%
EPS Revisions
Managers and Directors
NameTitle
Faisal Omar Al-Sakkaf Chief Executive Officer
Saeed bin Mohammed Al-Ghamdi Chairman
Lama Ahmed Ghazzaoui Chief Financial Officer & Head-Strategy
Omar Mohammed Hashem Group Head-Digital & Technology
Anees bin Ahmed Moumina Non-Executive Director
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