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Saudi Cabinet Names Former NCB Manager to Saudi Airlines Board

Aug. 14 (Bloomberg) -- The Saudi cabinet named Abdulhadi Shayif, former managing director of National Commercial Bank, the Kingdom’s largest lender by assets, to a new board of directors for Saudi Arabian Airlines.

The cabinet also appointed Abullah al-Mubti, the head of Council of Saudi Chambers, and Saleh al-Jasser of National Shipping Co. of Saudi Arabia as new members to represent the private sector on the board, the Saudi Press Agency said yesterday, citing a statement from the cabinet.

To contact the reporter on this story: Wael Mahdi in Manama wmahdi@bloomberg.net.

To contact the editor responsible for this story: Maher Chmaytelli at mchmaytelli@bloomberg.net

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