Riyadh - Mubasher: The board of Allied Cooperative Insurance Group (ACIG) approved the resignation of the company’s chairman, Thamer bin Abdullah bin Rais.

The resignation was submitted on 7 September for personal reasons, according to a bourse filing on Tuesday.

The company's deputy chairman, Tarek Abdullah Al Rumaim, was delegated to carry out the duties of the former chairman until a new one is appointed, subject to approvals from competent bodies.