Mubasher: Mushrif Trading and Contracting has elected a new board of directors for the coming three years.

Mushrif has named Saad Abdul Aziz Al Wazzan as the new chairman, according to a bourse statement on Monday.

Faisal bin Juma Belhoul was elected as the deputy chairman of Mushrif, while the new board members are Khaldoun Said Sobhi Al Haj Hasan, Mohammed Wassim Khayata, and Rayan Nizar Salam.

Mushrif added that Ahmed Al Wazzan has been elected as the new CEO of the company instead of Saad Al Wazzan, effective on 17 February 2019.

It is noteworthy that Mushrif has a capital of KWD 30.7 million distributed on 307 million shares at a par value of 100 fils each.