Saudi Advanced Industries Company announces the resignation and appointment of a member of the Audit Committee
- Date : 2023-01-18
| Element List | Explanation |
|---|---|
| Introduction | The Saudi Advanced Industries Company announces the approval of the Board of Directors on January 18, 2023, on the resignation of a member of the Audit Committee, Mr. Abdullah Muhammad Al-Humaidhi (non-executive board member), provided that the resignation takes effect as of January 18, 2023.
The Board also approved the appointment of Mr. Abdul Rahman Nasser Al-Obeid (an independent member of the Board of Directors) as of January 18, 2023, provided that this appointment is presented to the first meeting of the General Assembly for approval. |
| Element List | Explanation |
|---|---|
| Name of Resigning Member | Abdullah Mohammed Al-Humaidhi |
| Resignation Submission Date | 2023-01-18 Corresponding to 1444-06-25 |
| Resignation Effective Date | 2023-01-18 Corresponding to 1444-06-25 |
| Reasons for Resignation | personal circumstances. |
| Resigning Member Start Date | 2022-08-01 Corresponding to 1444-01-03 |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Abdul Rahman Nasser Al-Obaid |
| Membership Start Date | 2023-01-18 Corresponding to 1444-06-25 |
| Brief Resume of the Appointed Member | He holds a bachelor’s degree and has extensive experience in corporate management. |
| Element List | Explanation |
|---|---|
| Date of Board Meeting in which Appointed New Member(s) were Appointed | 2023-01-18 Corresponding to 1444-06-25 |
| Board Approval | Board Approval May not be Deemed Final, this Appointment Shall Be Put before the First General Assembly Meeting for Approval |