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Al Alamiya for Cooperative Insurance Company Announce the Appointment of Board Member, and a member of the Remuneration and Nomination Committee.

LIVA 8280 -0.51% 15.60 -0.08
Element List Explanation
Appointed Member Name Mr. Martin Rueegg
Membership Type Non- Executive
Membership Start Date 2019-10-15 Corresponding to 1441-02-16
Brief Resume of the Appointed Member Mr. Martin Rueegg has over 25 years of experience in the insurance industry, where he worked in holding Senior positions with several International Insurance Companies.
Element List Explanation
Date of Board Meeting in which Appointed New Member(s) were Appointed 2019-10-15 Corresponding to 1441-02-16
Board Approval The Board Decision is not considered as final and this appointment will be presented to the next Shareholders General Assembly for approval.
Additional Information The Board of Directors approved, by circulation, on 15/10/2019G corresponding to 16/02/1441H to appoint Mr. Martin Rueegg as a Non-Executive Board Member representing Royal & Sun Alliance Insurance (Middle East) B.S.C and a member of the Remuneration and Nomination Committee. The appointment is in accordance with SAMA’s no objection letter No. 9738/89 received on 14/10/2019G corresponding to 15/02/1441H . The Board Decision is not considered as final and this appointment will be presented to the next Shareholders General Assembly for approval.

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