Saudi Reinsurance Co. Announces the Assignment of Acting CEO

-1.34 %
1445/09/11     21/03/2024 15:35:37

Element ListExplanation
Introduction Saudi Reinsurance Company ”Saudi Re” announces the Board of Directors’ resolution (by circulation) on 15/03/2024, corresponding to 05/09/1445 H and receiving non-objection from the Insurance Authority on 21/03/2024 corresponding to 11/09/1445 H to assign Mr. Ahmed Ali Al-Jabr as the Acting Chief Executive Officer of the Company, effective 01/04/2024 corresponding to 22/09/1445 H.
Element ListExplanation
Appointment Type Delegation
Name of the Appointed Person Ahmed Ali Al- Al-Jabr
Date of Board Resolution 2024-03-15 Corresponding to 1445-09-05
Date Work Commencement 2024-04-01 Corresponding to 1445-09-22
Brief Resume Mr. Ahmed Al-Jabr holds the position of Deputy CEO and has more than 25 years of experience in the insurance and reinsurance sector. He assumed various executive roles prior joining Saudi Re in 2011, including General Manager of Strategy Management in Tawuniya. Mr Ahmed holds an MBA degree from Bradford University in the UK.

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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Key Parameters
Last Price 25.7
Net Change -0.35 (-1.34%)
Value Traded (Sar) 42,555,720.55
Volume Traded 1,643,776
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