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BUPA ARABIA FOR COOPERATIVE INSURANCE ANNOUNCES THE APPOINTMENTS OF THE CHAIRMAN OF THE BOARD OF DIRECTORS, THE VICE CHAIRMAN, THE CEO AND THE FORMATION OF THE BOARD COMMITTEES

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BUPA ARABIA
-2.53 %
1438/04/27     25/01/2017 09:12:59

Bupa Arabia for Cooperative Insurance Company announces that its Board of Directors has approved, on Tuesday 26 Rabi Al-Akhar, corresponding to 24 January 2017G, the following related to its Board of Directors' appointments for the new Board term period:

1)The appointment of Eng. Loay Hisham Nazer as Chairman of the Board, 2)The appointment of Mr. David Martin Fletcher as Vice-Chairman of the Board,
3)The appointment of Mr. Tal Hisham Nazer as Chief Executive Officer (CEO)/Managing Director of the Company,
4) The formation of the Board sub-committees, their respective members and the proposed Board Committees' Chairmen.

All these appointments, as detailed within this announcement, are subject to Bupa Arabia obtaining the required regulatory approvals where applicable.

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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Last Price 239.2
Net Change -6.2 (-2.53%)
Value Traded (Sar) 46,769,901
Volume Traded 192,644
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