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24 April 2024

Dew replaces Groves as Sabb chief executive

Dew replaces Groves as Sabb chief executive. (AFP)

Published
By Staff Writer

Lender Sabb, the Saudi affiliate of HSBC, said yesterday David Dew would take over next month as the new chief executive. Dew will replace Richard Groves who will leave Sabb after a little over a year in the job. "Groves will take a leading position within HSBC Group in Europe," Sabb said in a statement.