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LIVA Insurance Co. Announces Resignation of a Board Member
| Element List | Explanation |
|---|---|
| Introduction | Liva Insurance Company announces that the Board of Directors has approved via circulation today Thursday 11/06/1446H, 12/12/2024G, the resignation of Mr. Waleed Khalid Al Dhubaib from the position of the Board Member of the company, where it will take effect from 12/12/2024G, due to his resignation from Riyad Bank. The Board of Directors expressed its sincere thanks and appreciation to Mr. Waleed Khalid Al Dhubaib for his outstanding performance and great and appreciated efforts during his tenure as a Member of the Board of Directors of the company and wished him further progress and success in his career. Any further developments related to the appointment of the new replacement will be announced in due course. |
| Element List | Explanation |
|---|---|
| Resigned Member Name | Waleed Khalid Al Dhubaib |
| Membership Type | Non- Executive |
| Resignation Submission Date | 2024-12-12 Corresponding to 1446-06-11 |
| Resignation Effective Date | 2024-12-12 Corresponding to 1446-06-11 |
| Membership Starting Date for the Resigned Member | 2024-11-26 Corresponding to 1446-05-24 |
| Reasons of Resignation | Due to his resignation from Riyad Bank. |
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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