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Ataa Educational Co. Announces Appointment of a Board Member
| Element List | Explanation |
|---|---|
| Introduction | Ataa Educational Company announces the approval of the Board of Directors, based on the recommendation of the Nominations and Remuneration Committee, to appoint Mr. Khalid bin Nasser Al-Muammar as a (non-executive) member in the vacant position in the Board of Directors until the end of the current Board term |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Mr. Khalid bin Nasser Al-Muammar |
| Membership Type | Non- Executive |
| Membership Start Date | 2023-07-24 Corresponding to 1445-01-06 |
| Brief Resume of the Appointed Member | Mr. Khalid bin Nasser Al-Muammar is the Executive Director of the Endowment of the Custodian of the Two Holy Mosques, King Abdullah bin Abdul-Aziz Al Saud for King Abdul Aziz and His Companions Foundation for Giftedness and Creativity (Mawhiba), and he also holds the position of CEO of the National Creativity Investment Company. He is also currently a member of the Board of Directors of Al Jazeera Agencies Company, Real Investment and Development Company, Takween Advanced Industries Company, and Excellence Application Solutions Company, in addition to chairing several review and nomination committees. Mr. Khaled has banking experience of nearly 28 years, during which he held various leadership positions, the most recent of which was the General Manager of Medium Companies and Small and Medium Enterprises - SABB Bank. |
| Element List | Explanation |
|---|---|
| Date of Board Meeting in which Appointed New Member(s) were Appointed | 2023-07-24 Corresponding to 1445-01-06 |
| 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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