Riyadh – Mubasher: The board of the Saudi Indian Company for Cooperative Insurance (Wafa Insurance) approved extending the appointment of Ayed Asri Al Enazi as the company’s acting CEO for an additional non-extendable period of six months starting from 1 February 2021.

The board’s decision is based on the Saudi Central Bank’s (SAMA) non-objection received on Monday, according to a stock exchange statement.

Al Enazi held the position of acting CEO at Wafa Insurance on 28 April 2020.