Al-Jouf Agricultural Development Co. (Jadco) Announces the appointment of the Chairman and his deputy and the formation of the Board Committees for its new session
| Element List | Explanation |
|---|---|
| Announcement Detail | Al-jouf Agricultural Development Co. announces that on Monday 09-08-1442 AH corresponding to 22-03-2021 AD, the first meeting of the Board of Directors was held in its new session, which started from 22-03-2021 AD and ends on 21-03-2024 AD and for a period of three years. The Board of Directors decided in its first meeting the following:
First: Appointing Eng. Badr Bin Hamed Al-Awjan (Independent) - Chairman of the Board of Directors.
Second: Appointing Dr. Rasheed Bin Rashed Bin Saad Bin Owain (Non-executive) - as Deputy Chairman.
Third: Formation of the Executive committee from the following:
- Eng. Badr Bin Hamed Al-Awjan (Independent)
- Dr. Rasheed Bin Rashed Bin Saad Bin Owain (Non-executive)
- Mr. Omar Riyad Mohammad AL- humaidan (Non-executive)
Fourth: Formation of the Nomination and Remuneration Committee from the following:
- Mr. Abdulrahman Bin Abdelaziz Bin Abdelsalam Alyomni (Non-executive)
- Ms. Nowar bent Hamad bin Ibrahim Al-Bahly (Independent)
- Mr. Meked Bin Abdullah bin Abdulmohsen alkhamies (Independent)
- Mr. Ali Riyad Mohammad AL- humaidan (Non-executive)
Fifthly: Formation of The Audit Committee: It was approved to be formed in accordance with the decision of the General Assembly of shareholders on 04-03-2021 AD, as each of the following were appointed:
- Mr. Mohammed Ahmed Yassin AL Sheikh (Chairman of the Committee. A member from outside the board)
- Mr. Mazrroa bin Abdullah bin Hamad al- Mazrroa (Member of the Committee. A member from outside the board)
- Mr. Yasser Yehia Abdelhamid Abdrabbo (Member of the Committee. A member from outside the board)
Sixthly: Appointing the below mentioned gentlemen as representatives of the company for all purposes related to the application of laws and regulations at the Capital Market Authority, the Saudi Stock Exchange Company (Tadawul)
- Mr. Khalid bin Mohammed bin Abdullah al-Arifi ((Independent)
- Eng. Mazen Bin Abdullah Bin Mohammad Badawood (CEO of the Company)
- Mr. Fathy Khalil Awad Gouhar (The Internal Auditor) |
Comments