| Element List | Explanation |
|---|---|
| Announcement Detail | Wataniya Insurance Company announces receiving email from Saudi Central Bank On 08/02/1444H corresponding to 05/09/2022G, which states their no objection to the appointments of the Board of Director Chairman, The Board of Director Vice – Chairman, and the Board Committees, for the Board tenure started on 25/09/1443H corresponding to 26/04/2022G, and ends on 26/10/1446H corresponding to 25/04/2025G (Three Years), based on the Ordinary General Assembly meeting of the Company’s shareholders decision, convened on 24/09/1443H corresponding to 25/04/2022G. |
Reference to the Board Resolution No. (04/2022) dated 21/12/1443H corresponding to 19/07/2022G, as per the following appointments:
First: Appointment of Dr. Hussein Saeed Akiel as Chairman of the Board of Directors (Non-Executive Board Member).
Second: Appointment of Mr. Faisal Mohammed Charara as Vice Chairman of the Board of Directors (Non-Executive Board Member).
Third: The Executive Committee:
1- Appointment of Mr. Faisal Mohammed Charara as Chairman of the Committee. (Non-Executive Board Member).
2- Appointment of Mr. Nabil Peter Choueiri as a member. (Independent member from outside the Board)
3- Appointment of Mr. Haitham Habib Albakree as a member. (Executive Board Member)
4- Appointment of Mr. Sohail Fazal Abbas as a member. (Executives Management of the Company)
Fourth: The Nominations and Remunerations Committee:
1- Appointment of Mr. Raed Salman Sater as Chairman of the Committee. (Independent board member)
2- Appointment of Mr. Faisal Mohammed Charara as a member. (Non-Executive Board Member).
3- Appointment of Mr. Sami Musa Al-Halabi as a member. (Independent member from outside the Board)
Fifth: The Risk Committee:
1- Appointment of Mr. Amin Musa Al-Afifi as Chairman of the Committee. (Non-Executive Board Member).
2- Appointment of Mr. Nidhal Mohammed Rashid Redwan as a member. (Independent board member)
3- Appointment of Mr. Omar Mohammed Hashem as a member. (Independent member from outside the Board)
Sixth: The Investment Committee:
1- Appointment of Mr. Faysal Hussein Badran as Chairman of the Committee. (Independent member from outside the Board)
2- Appointment of Mr. Bernardus Van Linder as a member. (Independent member from outside the Board)
3- Appointment of Mr. Haitham Habib Albakree as a member. (Executive Board Member)
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