| Element List | Explanation |
|---|---|
| Announcement Detail | Reference to the results of the Ordinary General Assembly meeting held on 22-12-1442H corresponding to 01-08-2021, in which the Members of the Board of Directors of the Company were elected for its new term, which began on 01-08-2021 and for a period of three years ending on 31-07-2024. |
The Board of Directors of AXA Cooperative Insurance Co. is pleased to announce the decision of the Board of Directors at its first meeting held on Sunday 22/12/1442 H corresponding to 1 August 2021, and a reference to the announcement The company announced the change in the membership of members of the company’s board of directors on 07/09/2021 to choose and nominate the Chairman and Vice Chairman of the Board as per the following:
1. Mr. Yousef Saleh Abalkhail (Independent member) as Chairman of the Board.
2. Mr. Bijan Khosrow Shahi (None-Executive member) as Vice-Chairman of the Board.
The Board also formed subcommittees( Nomination and Remuneration Committee,Risk Management Committee, Investment & ALM Committee, Executive Committee).
It is worth noting that the formation of the Audit Committee has been approved in the Ordinary General Assembly Meeting that was held on Sunday 22/12/1442 H corresponding to 1 August 2021.
1. Mr. Khalid Saleh Al Turaifi (non- Board member) as Chairman of the Audit Committee
2. Mr. Omer Abdulrehman Al Jeraisy (Independent Board member) as Member
3. Mr. Turki Alobilan (non- Board member) as Member
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