Sahara International Petrochemical Company Sipchem announces the board of directors Approval upon the request of “Hasana Investment Company (The investment arm) of the General Authority of Social Insurance for changing its representative at the board of directors
| Element List | Explanation |
|---|---|
| Introduction | Sahara International Petrochemical Company Sipchem announces the approval of the board of directors by passing on 05 July 2021 on the request of Hasana Investment Company (The investment arm) of the General Authority of Social Insurance under its letter dated 28/06/2021 for changing its representative of the board of directors at Sipchem to be Mr. Ahmed bin Saad Al Sayyari (independent ) effective from 01/12/1442H corresponding to 11/07/2021 instead of Mr. Bander bin Ali Masuodi (independent) due to his resignation from work at the authority.
On this occasion, the Board of Directors extends its thanks and appreciation to Mr. Bander Masuodi for his efforts during his membership term in the Board. The Board also welcome Mr. Ahmed Al Sayyari as a member of the Board of Directors and wishing him all the success. |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Mr. Ahmed bin Saad Al Sayyari |
| Membership Type | Independent |
| Membership Start Date | 2021-07-11 Corresponding to 1442-12-01 |
| Brief Resume of the Appointed Member | Holder of bachelor’s in computer science from King Saud University 2000, and Master of Business Administration from Al Yamamah University. He held several positions at General Authority for Social Insurance and is presently General Manager Technical Infrastructure and Operation Dept. at the authority. |
| Element List | Explanation |
|---|---|
| Date of Board Meeting in which Appointed New Member(s) were Appointed | 2021-07-05 Corresponding to 1442-11-25 |
| Board Approval | Board Approval May not be Deemed Final, this Appointment Shall Be Put before the First General Assembly Meeting for Approval |
| Additional Information | N/A |
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