Saudi Enaya extends Nasr Al-Din Baba’s term as Acting CEO

25/02/2026 Argaam
Saudi Enaya extends Acting CEO’s appointment by 2 months

Saudi Enaya extends Acting CEO’s appointment by 2 months

Saudi Enaya Cooperative Insurance Co. said its board of directors extended the assignment of Nasr Al-Din Baba as Acting CEO.

 

In a statement to Tadawul, the company said the decision was made on Feb. 8, extending the mandate for two months starting Feb. 6, 2026. The Insurance Authority (IA) approved the extension on Feb. 24.

 

According to Argaam data, Saudi Enaya’s board appointed Baba in February 2025 as Acting CEO for six months, replacing former CEO Sultan Abdulrauf, who resigned. The mandate was later extended for an additional six months in August 2025.

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