RIYADH: Saudi Arabia’s Alinma Bank has reappointed Abdulmalik Abdullah Al-Hogail as board chairman for a three-year term starting May 21. It also named Saad Abdulaziz Al-Kroud as vice chairman of the board, according to a bourse filing. The bank had earlier reported a 28 percent surge in first-quarter profit to SR825 million ($220 million), propelled by a rise in operating income.
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