| Element List | Explanation |
|---|---|
| Introduction | Morabaha Marina Financing Company announces that based on the recommendation of the Nominations and Remuneration Committee, the Board of Directors of the company has approved the appointment of Mr. Nasser bin Mohammed Al-Qasabi (Saudi national) as a member of the Board of Directors (Independent member) and Mr. Abdulrahman bin Abdullah Bin-Dakhil (Saudi national) as a member of the Board of Directors Independent member) in the two vacant seats on the Board of Directors, and to complete the current term of the Board, which ends on 14/06/2025 AD. |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Mr. Nasser Mohammed Al-Qasabi |
| Membership Type | Independent |
| Membership Start Date | 2024-08-29 Corresponding to 1446-02-25 |
| Brief Resume of the Appointed Member | Mr. Nasser Mohammed Al-Qasabi has more than 20 years of experience in several government agencies and different fields, holding many positions, most notably: Chairman of the Executive Committee of the company, General Manager of Corporate Strategy Department, Regional Manager of a number of loan portfolios in a number of countries, and Director of the Project Management Office. |
Mr. Nasser Mohammed Al-Qasabi holds a Bachelor's degree in Industrial Engineering from King Abdulaziz University and a Master's degree in Business Administration from the University of Glasgow in the United Kingdom.
In addition to academic degrees, Mr. Nasser Mohammed Al-Qasabi holds a certificate as a specialist in strategic planning using the balanced scorecard from George Washington University in the United States of America.
| Element List | Explanation |
|---|---|
| Appointed Member Name | Mr. Abdulrahman bin Abdullah Bin-Dakhil |
| Membership Type | Independent |
| Membership Start Date | 2024-08-29 Corresponding to 1446-02-25 |
| Brief Resume of the Appointed Member | Mr. Abdulrahman bin Abdullah Bin-Dakhil has more than 10 years of experience in various fields. He specializes in financial technology (Fintech). He has led several projects that have contributed to simplifying financial transactions and improving user experience. He has held many positions, most notably: CEO, Business Development Manager, Strategy Consultant. He also has experience in board memberships where he provided insights and consultations that helped enhance efficiency and achieve growth. |
Mr. Abdulrahman bin Abdullah Bin-Dakhil holds a Bachelor of Computer and Information Sciences from Imam University and a Master of Business Expansion from the Groth Institute in the United States of America.
In addition to academic degrees, Mr. Abdulrahman bin Abdullah Bin-Dakhil holds a Project Management Professional (PMP) certificate and a Risk Management Professional (RMP) certificate, which added to his skills in strategic planning and risk management.
| Element List | Explanation |
|---|---|
| Date of Board Meeting in which Appointed New Member(s) were Appointed | 2024-08-10 Corresponding to 1446-02-06 |
| Board Approval | Board Approval May not be Deemed Final, this Appointment Shall Be Put before the First General Assembly Meeting for Approval |
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