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Sadara Basic Services Company Announces Appointment of a Board Member of its parent company, Sadara Chemical company.

2315
Sadara Sukuk
0.00 %
1445/10/21     30/04/2024 08:09:53

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Introduction Sadara Basic Services Company Announces Appointment of a Board Member of its parent company, Sadara Chemical company.
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Appointed Member Name Ibrahim Muhammed Al Nitaifi
Membership Type Non- Executive
Membership Start Date 2024-03-20 Corresponding to 1445-09-10
Brief Resume of the Appointed Member Ibrahim Mohammed. Al Nitaifi serves as vice president of Global Manufacturing Excellence since January 2024. Prior to becoming GME Vice President, Al Nitaifi served as vice president of Fuels Business Management from October 2022 to December 2023 and served as President & Chief Executive officer for SAMREF (A 50/50 Affiliates with ExxonMobil) from December 2020 to October 2022. Al Nitaifi joined the company in February 1998, after earning a B.S. degree in Chemical Engineering at King Saud University in 1997. In addition, he has completed a number of leadership courses since joining the company, including the Saudi Aramco Leadership Forum, the Aramco Manager Development Seminar, and the UEP University of Pennsylvania (Wharton) Program.
The date of the approval by other official authorities 20-03-2024
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Date of Board Meeting in which Appointed New Member(s) were Appointed 2024-03-20 Corresponding to 1445-09-10
Board Approval Board Approval May not be Deemed Final, this Appointment Shall Be Put before the First General Assembly Meeting for Approval.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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