Arab National Bank's Board of Directors announced the appointment of Obaid Abdullah Al-Rasheed to the position of Managing Director and Chief Executive Officer of the Bank, as of 1/2/2021, to succeed Dr. Robert Maroun Eid, who recently submitted his resignation due to his special circumstances. Obaid Al-Rasheed has held the position of Deputy CEO for Private Banking and Retail Banking at the bank, since 2011, and he has more than 30 years of banking experience, during which he held many leadership positions in the bank. He holds a BA in Business Administration received in 1983 from San Jose State University, California, United States of America.