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Al Rajhi Bank Malaysia names chairman

Al Rajhi Banking & Investment Corp. (Malaysia) Bhd., or Al Rajhi Bank Malaysia, appointed Muhammad Afaq Khan as chairman of its board.

Afaq has been serving as an independent and nonexecutive director of the bank since Sept. 5, 2016, the bank said Jan. 30.

The company also appointed Johari Abdul Muid as independent and nonexecutive director.

The appointments took effect Nov. 2, 2017.

Al Rajhi Bank Malaysia is a unit of Al Rajhi Banking & Investment Corp.