Buruj Cooperative Insurance Co. announces the Appointment of Board Chairman, The Vice Charmin

Element ListExplanation
Announcement Detail Reference to the General Assembly Meeting of Buruj Cooperative Insurance Company convened on Monday, 04/08/1443H corresponding to 07/03/2022G, that included slecting new Board of Directors for new term of three years starts on 09/03/2022G and ends on 08/03/2025G.

As resolved during Board of Directors meeting held on 13/08/1443H corresponding to 16/03/2022G, to select the Chairman of the Board and Vice Chairman of the Board for the new term provided that prior SAMA Non-Objection to be acquired.

As SAMA Non-Objection has been obtained on 23/10/1443 H corresponding to 24/05/2022G, Buruj Cooperative Insurance Company announces that the slected Board of Directors has approved the following:

1) Appointment of Mr. Yasser Youssef Naghi – Board Chairman

2)Appointment of Mr. Ahmed Mohammed Hamed Al-Marzouqi – Vice Chairman

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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