The Saudi British Bank announced that the Board of Directors approved by circulation Mr. David Dews request for retirement from his role as Chief Executive Officer, effective 23 May 2021. Additionally, the Board announced that Mr. Dew has agreed to remain an advisor to the Board until May of 2022. The Board of Directors extends its gratitude and appreciation to Mr. David Dew for many years of dedicated service to SABB in various roles, most recently as Managing Director for the past 11 years, including his tireless efforts to enhance the Bank's performance and successfully and seamlessly complete the merger with Alawwal Bank. SABB also announced the appointment of Mr. Tony Cripps to the role of Managing Director and as a Board Member, effective May 23, 2021. Mr. Cripps is a seasoned financial services executive with over 36 years experience in the banking industry.