Al Kathiri Holding Co. Announces Resignation and Appointment Audit Committee Member
| ELEMENT LIST | EXPLANATION |
|---|---|
| Introduction | Al Kathiri Holding Company announces the Board of Directors decision to accept the resignation of Mrs. Ashwaq Mohammed Nasser Al Kathiri ( Outside Board Member) from the membership of the Audit Committee, while the Board of Directors also approved the appointment of Mr. Ahmed Nasser Ahmed Al Sayegh (Outside Board Member) as Audit Committee member until the end of the current session of the Board, this decision shall be submitted to the General Assembly for approval. |
| ELEMENT LIST | EXPLANATION |
|---|---|
| Name of Resigning Member | Ashwaq Mohammed Nasser ALkathiri |
| Resignation Submission Date | 2021-07-10 Corresponding to 1442-11-30 |
| Resignation Effective Date | 2021-07-13 Corresponding to 1442-12-03 |
| Reasons for Resignation | Personal Reasons |
| Resigning Member Start Date | 2020-03-13 Corresponding to 1441-07-18 |
| ELEMENT LIST | EXPLANATION |
|---|---|
| Appointed Member Name | Ahmed Nasser Ahmed Al Sayegh |
| Membership Start Date | 2021-07-13 Corresponding to 1442-12-03 |
| Brief Resume of the Appointed Member | It is worth mentioning that Mr. Ahmed Nasser Ahmed Al Sayegh holds a Bachelor’s degree in Business Administration from King Abdulaziz University.He is currently the director of the individuals sector in the Riyadh region at the Saudi National Bank.He is also a member of the Board of Directors of Leen Al Khair Company, Advance International Company, and Alian Industry Company. |
| ELEMENT LIST | EXPLANATION |
|---|---|
| Date of Board Meeting in which Appointed New Member(s) were Appointed | 2021-07-13 Corresponding to 1442-12-03 |
| Board Approval | Board Approval May not be Deemed Final, this Appointment Shall Be Put before the First General Assembly Meeting for Approval |
| Additional Information | The company’s management sincerely and deeply express its gratitude to Mrs. Ashwaq Mohammed Nasser Al Kathiri for her contributions to the work of the Audit Committee during her membership in the committee, and wishes her continued success. The management also wishes Mr. Ahmed Nasser Ahmed Al Sayegh continued success in supporting the work of the Audit Committee. |