NADEC restructures executive, remuneration & nominations committees; terminates investment committee

Logo of National Agricultural Development Co. (NADEC)

National Agricultural Development Co.’s (NADEC) board of directors decided to restructure the executive committee and the remuneration & nominations committee starting from Jan. 1, 2022, in addition to terminating the investment committee as of Dec. 31, 2021.

In a statement to Tadawul, NADEC said the executive committee currently includes Abdulaziz Saleh Alrebdi, Solaiman Abdulaziz Altwaijri, Amr Abdulaziz Aljallal and Steen Flemming Hadsbjerg.

It will be amended to include Abdulaziz Saleh Alrebdi, Solaiman Abdulaziz Altwaijri, Bader Abdulrahman Alsayari, Amr Abdulaziz Aljallal and Omar Hamad Almadhi.

In addition, the board restructured the remuneration & nominations committee – which currently includes Amr Abdulaziz Aljallal, Saleh Hasan Alafaleq and Solaiman Abdulaziz Altwaijri – will have as members Amr Abdulaziz Aljallal, Saleh Hasan Alafaleq and Abdulateef Abdullah Alrajhi.