Tihama appoints member to vacant board seat

Logo of Tihama Advertising, Public Relations and Marketing Co.

Tihama Advertising, Public Relations and Marketing Co. said its board apprpved, through a resolution passed by circulation today, Aug. 18, Ahmed Alsawaf’s appointment to the vacant board seat, effective from the resolution date until the current board term ends on Nov. 26, 2027.

In a statement on Tadawul, the company said the board’s approval is not final and the appointment will be submitted to the first general assembly meeting for ratification.

Alsawaf holds a bachelor’s degree in accounting from Solent University in the UK and has more than 10 years of experience in internal and external audit, risk management, governance and internal controls across the public and private sectors and multinational environments.

The company said Alsawaf is currently Director of Internal Audit at the Ministry of Communications and Information Technology (MCIT), having previously served as Senior Internal Audit Director at the National Security Services Co. (SAFE), Executive Director of Internal Audit at Bupa Arabia for Cooperative Insurance Co., and an external auditor at Ernst & Young (EY), with experience also covering financial analysis, risk-based auditing, forensic accounting, fraud investigations, risk management and internal controls.

According to Argaam data, Tihama previously announced the resignation of board member Hatem Barjash, effective Aug. 16. He cited his inability to perform his statutory duties and responsibilities due to the way the board’s business is managed and what he viewed as a lack of impartiality in handling members’ requests and proposals.