Riyadh – Mubasher: Future Care Trading Company has formed its Audit Committee for the new Board of Directors cycle, according to a bourse filing.

The decision was finalized during a board meeting held on 10 June 2026 and establishes the oversight body that will serve until June 2030.

The committee is composed of three members with extensive backgrounds in finance, treasury, and strategic management, aimed at strengthening the company’s internal controls and financial transparency.

The newly formed committee will operate for a four-year duration, coinciding with the current board term that commenced on 10 June 2026, and is scheduled to conclude on 9 June 2030.

The Board of Directors has appointed Abdullah Abdulrahman Mohammed Jan to serve as the Chairman of the Audit Committee.

Jan joins the committee as an external member, bringing a specialized skill set in financial oversight.

The committee also includes Basem Mohammed Ali Abu Numy, who serves as an independent member from within the Board of Directors, and Ryan Samir Hassan Abbas, who joins as an external member.

These appointments were made effective immediately upon the issuance of the board’s resolution.

Meanwhile, the selection of both internal and external members is a move designed to provide a balanced perspective on the company’s auditing processes and financial health.

The professional profiles of the appointees highlight a significant depth of experience.

Chairman Jan possesses more than 10 years of professional experience in the fields of treasury, accounting, and general finance. His academic credentials include a Master’s degree in Finance from Texas A&M University in the United States.

Additionally, he holds the Certified Treasury Professional (CTP) designation, which signifies a high level of expertise in liquidity management and financial risk assessment.

On the other hand, Abu Numy who serves as an independent board member on the committee brings over a decade of experience in business leadership and the development of commercial strategies. His career has involved managing investments and large-scale projects across a variety of sectors, including aviation, real estate, and building materials.

Abu Numy earned a Master’s degree in Applied Finance from the University of Western Sydney in Australia providing him with a strong foundation in practical financial analysis and investment strategy.

The third member, Ryan Samir Hassan Abbas, contributes specialized knowledge of the banking sector. With more than ten years of experience in bank treasury operations, his background is expected to offer the committee valuable insights into institutional banking and capital markets.

Abbas holds a Master’s degree in Finance from the University of Technology Sydney, also located in Australia.

The formation of this committee is a mandatory requirement under Saudi corporate governance regulations, ensuring that listed companies maintain a dedicated body to oversee financial reporting, internal audit functions, and compliance with regulatory standards.

By selecting individuals with international academic backgrounds and diverse sectoral experience, Future Care Trading Company positions itself to maintain rigorous standards of accountability throughout the 2026-2030 board cycle. The company confirmed that all necessary administrative steps for these appointments have been completed, noting that the requirement for non-objection from other official authorities was not applicable in this specific instance.