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Saudi Telecom Company (STC) announces the appointment of Two Audit Committee Members.

STC 7010 -5.19% 39.25 -2.15
Element List Explanation
Introduction STC announces the appointment of Dr. Ammr Khaled Kurdi and Mr. Tarek Abdulaziz Al Rikhaimi in the Audit Committee (both are independent Members and are not part of STC Board Members).
Element List Explanation
Appointed Member Name Dr. Ammr Khaled Kurdi
Membership Start Date 2019-09-18 Corresponding to 1441-01-19
Brief Resume of the Appointed Member Dr. Kurdi holds a PhD in Accounting from the University of North Texas, in 2010. He is currently the Chief Corporate Services Officer at Saudi Arabian Industrial Investments Company (Dussur). His experience spans over 9 years in accounting. He was a Chief Audit Executive at KFUPM, then a CFO at Amiantit.

He is a Global Board Member in the American Institute of Management Accountants, and a Member in the Audit Committee of Savola Group and Derayah Financial Company.

Element List Explanation
Appointed Member Name Mr. Tarek Abdulaziz Al Rikhaimi
Membership Start Date 2019-09-18 Corresponding to 1441-01-19
Brief Resume of the Appointed Member Mr. Al Rikhaimi holds a Master’s Degree in Science, KSU, 1990. His experience spans over 27 years in financial and banking services, investment banking, risks management, operation management, strategic planning, products development and projects management. He is a Member in the Risk and Compliance Committee of the Public Pension Agency.
Element List Explanation
Date of Board Meeting in which Appointed New Member(s) were Appointed 2019-09-18 Corresponding to 1441-01-19
Board Approval The Board’s Approval shall not be deemed final until being presented to the General Assembly for Ratification, during the Assembly’s next meeting, which will be announced in due course.

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