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Malath Insurance Company announces the Appointment of Chairman of the Board and Vice Chairman of the Board.

MALATH INSURANCE 8020 8.88% 19.86 1.62
Element List Explanation
Announcement Detail Referring to the Board of Directors decided by circulation on 26/06/1445H corresponding to 8/01/2024 G, to select and nominate the Chairman of the Board and the Vice-Chairman until the end of the current Board Cycle that started on 20 /9/1443 H corresponding to 21/4/2022G, subject to obtaining the Insurance Authority Non-Objection.

As Insurance Authority Non-Objection has been obtained on 25/07/1445H corresponding to 6/02/2024G, Malath Insurance Company announces that the Board of Directors has approved the following:

1.Appointment of Mr. Bader Ali Alali (independent member) as Chairman of the Board.

2.Appointment of Mr. Mohammed Ali Alammari (non-executive member) as Vice Chairman of the Board.

effective as of 25/07/1445H corresponding to 6/02/2024G, until the end of the current Board Cycle on 05/04/2025.

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