Allied Cooperative Insurance Group Announces Appointment of a Board Member
| Element List | Explanation |
|---|---|
| Introduction | Allied Cooperative Insurance Group announces the Board of Directors’ Resolution by Circular No. (02-2024) dated 20-02-2024 AD appointing Dr. Abdullah bin Ibrahim Al-Ibrahim as an independent member in the vacant seat on the Board of Directors, conditional on the Insurance Authority’s non-objection. |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Abdullah bin Ibrahim Al-Ibrahim |
| Membership Type | Independent |
| Membership Start Date | 2024-02-20 Corresponding to 1445-08-10 |
| Brief Resume of the Appointed Member | The doctor worked as an expert in systems, regulations, and policies in a number of regulatory and supervisory bodies, and an advisor to their decision makers. He worked on studying a number of systems, regulations, and policies in many fields, and expressing his opinion on them.
He also worked in the field of compliance, governance and risks, and supervised the committees in the entities, which was reflected in improving their performance. He also participated in membership in a number of executive committees. He holds a doctorate in regulations “international commercial law” with honors from Imam Muhammad bin Saud Islamic University in the field of international contracts, and was preceded by obtaining a master’s degree in regulations “law” in the decision-making mechanism of councils in regulatory bodies. He obtained a university degree from the College of Sharia from Imam Muhammad bin Saud University. |
| The date of the approval by other official authorities | Appointment of Dr. Abdullah bin Ibrahim Al-Ibrahim as an independent member of the Board of Directors, conditional on obtaining a non-objection from the Insurance Authority. |
| Element List | Explanation |
|---|---|
| Date of Board Meeting in which Appointed New Member(s) were Appointed | 2024-02-20 Corresponding to 1445-08-10 |
| 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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