IssuerAnnouncementDetailsV2Portlet
Actions
Watani Iron Steel Co. Announces the formation of the Audit Committee members
| Element List | Explanation |
|---|---|
| Introduction | Watani Iron and Steel Company announces the decision of its Board of Directors dated September 29, 2024 AD, based on the recommendation of the Remuneration and Nominations Committee, to approve the appointment of Mr. Omar Mohammed Abdul Rahman Al-Turaif as a member of the Audit Committee (non-executive Board Member) instead of the resigned Board Member and Chairman of the Audit Committee, Mr. Yasser Zoman Saad Al-Zoman. |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Faisal Muhammad Hammad Al-Ubaid |
| Membership Start Date | 2026-07-02 Corresponding to 1448-01-17 |
| Brief Resume of the Appointed Member | Mr. Faisal Al-Ubaid has more than 15 years of experience in the fields of finance, investment, risk management and governance. He holds a Bachelor’s degree in Accounting and a Master’s degree in Business Administration, in addition to being a fellow of the Saudi Organization for Certified Public Accountants (SOCPA). He has held various positions in the field of investment and financial management and is currently the Executive Vice President of Investment, Strategy and Excellence at the Saudi Public Transport Company (SAPTCO). |
| The date of the approval by other official authorities | N/A |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Mashari Abdulkarim Al-Rajhi |
| Membership Start Date | 2026-07-02 Corresponding to 1448-01-17 |
| Brief Resume of the Appointed Member | • Senior Relations Officer at Al Rajhi Bank since 2024 • Bachelor of Science in Global Business Administration from Regent's University London, 2024 • High School Diploma from Brilliantmont Lausanne, Switzerland, 2014 • Vice Chairman of the Board of Directors at Abdul Karim Al Rajhi Steel Company since 2022 |
| The date of the approval by other official authorities | N/A |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Omar Mohammed Abdul Rahman Al-Tarif |
| Membership Start Date | 2026-07-02 Corresponding to 1448-01-17 |
| Brief Resume of the Appointed Member | He holds a bachelor's degree in accounting from King Faisal University and has completed numerous courses and training programs with the Saudi Organization for Certified Public Accountants. He possesses over 20 years of experience in executive management and in providing administrative and financial consulting. |
| The date of the approval by other official authorities | N/A |
| Element List | Explanation |
|---|---|
| Date of Board Meeting in which Appointed New Member(s) were Appointed | 2026-07-02 Corresponding to 1448-01-17 |
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.
Share
Company Performance
Key Parameters
Last Price 2.21
Net Change 0.04 (+1.84%)
Value Traded (Sar) 16,773.16
Volume Traded 7,615
LoginPortletPopupv2
Actions
AddtoWatchlistv2
Actions
- ${title}${badge}