SABB Takaful Co. Announces Appointment of a Chairman and Deputy Chairman
| Element List | Explanation |
|---|---|
| Introduction | SABB Takaful announces the appointment of Mr. Mohammed bin Abdul Aziz Alshaya as Chairman, and Mr. Sami Bin Jadaan Al Muhaid as Deputy Chairman of the Board of Directors based on the Saudi Arabian Monetary Authorty (SAMA) no objection letter dated July 16, 2019, and Board of Directors resolution effective July 16, 2019. |
| Element List | Explanation |
|---|---|
| Member Name | Mohammed bin Abdul Aziz Alshaya |
| Membership Type | Non- Executive |
| Assignment Start Date | 2019-05-15 Corresponding to 1440-09-10 |
| CV of the assigned member | Mr. Mohammed Al-Shaya holds a Master's degree in Accounting from the University of Illinois, Arbana, Champaign, USA, with over 25 years of experience in the insurance and financial sectors. |
| Element List | Explanation |
|---|---|
| Member Name | Sami Bin Jadaan Al Muhaid |
| Membership Type | Non- Executive |
| Assignment Start Date | 2019-05-15 Corresponding to 1440-09-10 |
| CV of the assigned member | Mr. Sami Jadaan Al-Muhaid has over 18 years of experience in the financial and banking sectors, working in the corporate banking sectors, combating financial crimes and the regulatory compliance. |
| Element List | Explanation |
|---|---|
| Date of Board Meeting which Assigned New Member(s) in | 2019-05-23 Corresponding to 1440-09-18 |
| Board Approval | The Board's resolution to appoint Mr. Mohammed bin Abdulaziz Al-Shaya as Chairman and Mr. Sami Bin Ja'dan Al-Muhaid as Deputy Chairman has been effective on July 16, 2019 based on the SAMA no objection letter |
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