The Saudi National Bank announced in a statement that it has accepted "the resignation of Ammar bin Abdul Wahid Al-Khudairy from the Board of Directors of the Saudi National Bank due to his personal circumstances." It also revealed "the acceptance of the resignation of Saeed bin Mohammed Al-Ghamdi from his position as Executive Member and CEO of the group, while he will continue his membership on the Board of Directors." The Saudi bank was the largest shareholder in "Credit Suisse."