Filling and Packing Materials MFG. Co. (FIPCO) is pleased to announce for its shareholders that during the board meeting that took place on Wednesday, the 7th of June 2017, in which the Board of Directors, based on the assigned authorities that included in the company bylaws, has resolved to appoint Eng. Ahmed Abdullatif Albarrak as the Deputy Chairman of the Board of Directors, for the board term that has begun from 01-01-2016 and will be ended in 31-12-2018.
It is noteworthy that Eng. Ahmed Albarrak holds a Bachelor of Industrial Engineering from King Fahad University of Petroleum and Minerals and has extensive experience in the industrial fields.
For the sake of complying with Corporate Governance rules and regulations issued by the Capital Market Authority (CMA), the Board has approved the formation of (the governance committee) and determined its scope, for the board term that has begun from 01-01-2016 and will be ended in 31-12-2018.
The formation of the Governance Committee was as follows
1- Mr. Abdullah Alharbi (Chairman).
2- Mr. Ahmed Albarrak (Member).
3- Mr. Abdullah Aleyadhi (Member).
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