GASCO reappoints Abdulaziz Al-Khayyal as Chairman, Mohammed Al Kathiri as Vice

Logo of National Gas and Industrialization Co. (GASCO)

National Gas and Industrialization Co. (GASCO) said its board reappointed, on Dec. 8, Abdulaziz Al-Khayyal as chairman and Mohammed Al Kathiri as Vice Chairman.

The company stated in a filing to Tadawul that the board also approved the formation of its committees. The executive and investment committee was formed and includes Abdulaziz Al-Khayyal, a non-executive member who will serve as committee chairman, along with Abdulrahman Alrawaf and Mohammed Alnafe, both independent members.

The remuneration and nomination committee was also formed and consists of Abdulrahman Alrawaf, an independent member who will serve as committee chairman, as well as Abdulaziz Al-Khayyal and Mohammed Al Kathiri, both non-executive members.

The company added that the secretary of the board and the company's representatives to the Capital Market Authority (CMA) and the Saudi Exchange (Tadawul) have been appointed for all matters related to the Capital Market Law and its implementing regulations.

GASCO further noted that the audit committee for the new board term has been formed and will be announced separately.

According to data available with Argaam, the company’s extraordinary general meeting (OGM), held in November, approved the election of board members for the upcoming term, which begins on Nov. 29, 2025, and extends for four years, ending on Nov. 28, 2029.