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04/12/2017 15:32 AST
Banque Saudi Fransi (BSF), facing a potential fine over irregularities in an employee incentive programme, has appointed new heads of compliance and audit, according to a source familiar with the matter.
Abdulaziz al-Bani, previously senior director of compliance at Al Rajhi Bank , recently joined Saudi Arabia's fifth largest lender by assets as chief compliance officer, the source said.
Al-Bani's LinkedIn page said he had joined the bank in November.
Abdulmohsen al-Rayes, previously at Arab National Bank , recently joined BSF as chief audit executive, according to the source and al-Rayes's LinkedIn page.
The source said the hires were part of a restructuring of all departments at the bank that started in 2016.
Reuters
23/11/2017
Banque Saudi Fransi (BSF) faces a fine over irregularities in an employee incentive programme, Saudi Arabia's central bank said on Thursday.
The Saudi Arabian Monetary Authority (SAMA) did
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