Riyadh – Mubasher: Saudi Home Loans Company (SHL) named Yuosef bin Abdullah Al Shelash as the new Chairman of the board for the next three years.
The Tadawul-listed firm also announced Obaid bin Abdullah Al Rasheed as the Vice Chairman, according to a bourse disclosure.
Meanwhile, the two officials assumed their roles for the board term that began on 14 February 2023 and will remain in position until 27 November 2025.
The Saudi Central Bank (SAMA) granted its approval for the two appointments on 8 March 2023.
In the first nine months (9M) of 2022, SHL achieved net profits worth SAR 80.04 million, down 3.68% year-on-year (YoY) from SAR 83.10 million.
