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SABB Takaful Co. announces the Resignation and Appointment of Board Member

SABB TAKAFUL 8080 -2.87% 11.50 -0.34

SABB Takaful Co. announces that the Board Member Mr. David Kenney (Non-Executive) has submitted his resignation from his position to Board of Directors on 19-12-2016. Effective from 20-12-2016. The Board accepted the resignation on 20-12-2016 the due to the reasons of retirement. Moreover the Board of Directors on 20-12-2016 accepted the appointment of Mr. Richard Hinchley as Board Member (Non-Executive) , This appointment will be presented to the coming general assembly meeting for approval. Mr. Richard Hinchley is holding MS in Business Studies from United Kingdom.He is the chief Risk Officer in Saudi British Bank.

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