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Buruj Cooperative appoints new Chairman, Vice Chairman

Buruj Cooperative appoints new Chairman, Vice Chairman
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Riyadh – Mubasher: Buruj Cooperative Insurance Company has named Yasser Youssef Naghi as the new Chairman of the board for the next three years.

The Saudi listed company also appointed Ahmed Mohammed Hamed Al Marzouqi as the Vice Chairman, according to a bourse disclosure on Wednesday.

The two officials assumed their roles for a new board term that started on 9 March this year and will remain in position until 8 March 2025.

It is noteworthy to mention that Buruj Cooperative achieved net profits before Zakat of SAR 15.77 million in 2021, an annual drop of 7.58% from SAR 17.06 million.