Banque Saudi Fransi announces that the Board Member, Mr. Thierry P. Simon (non-executive) resigned from the Board of Directors on 20/01/2016 since he has been called to other duties within his group.

The Board of Directors has approved his resignation by circulation on 04/02/2016 with effect from 17/02/2016. The nominated Board Member replacing Mr. Thierry Simon will be announced subsequently, upon obtaining the approval of the competent authorities on his appointment.

The Board of Directors of Banque Saudi Fransi extends its appreciation and gratitude to Mr. Thierry P. Simon for his effective role in achieving BSF positive results during his tenure in the Board's membership.

Banque Saudi Fransi issued this content on 06 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 07 February 2016 11:21:31 UTC

Original Document: http://www.alfransi.com.sa/en/news/mediacenter/news-archive/news-117.html