Al Rajhi Company for Cooperative Insurance (Al Rajhi Takaful) shareholders elected a new board of directors for the new three-year term starting May 30, 2021, during the extraordinary general assembly meeting held on May 5, 2021.
The new board includes Abdullah Sulaiman Al Rajhi, Ahmed Samer bin Hamdi Al-Zayem, Saud Abdullah Al-Rajhi, Naif Abdullah Al-Rajhi, Waleed Abdullah Al Mogbel, Ali Hadi Hassan Al Mansour, Muhannad Qusay Al-Azzawi and Nabil Ali Shoaib.
They also endorsed financial statements, as well as board and auditor reports for 2020.
Shareholders also approved the payment of SAR 1.11 million as remuneration for board members for 2020 and ratified the formation of a new audit committee and amending the company’s articles of association.
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