Article 9
No: M/36 | Date(g): 26/11/2020 | Date(h): 11/4/1442 | Status: In-Force |
Any of the Board members referred to in Article 8(1)(c) of this Law shall satisfy the following conditions: |
1. | Be a Saudi citizen. |
2. | Be a qualified and an expert in matters related to the Bank’s activities. |
3. | Have no criminal record related to crimes impinging on honor or integrity, unless such record has been expunged. |
4. | Have never been declared bankrupt or insolvent, nor intentionally defaulted on paying his debts. |
5. | Not hold any position or job with a public entity or a financial institution, nor serve as an auditor thereof. |
6. | Not be an owner or agent of an external auditor’s office. |
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