Hedab Alkhaleej reappoints Nayef Alhumaid as Chairman, Nasser Alhumaid as Vice Chair

Logo of Hedab Alkhaleej Trading Co. 

Hedab Alkhaleej Trading Co. reappointed Nayef Alhumaid as Chairman and Nasser Alhumaid as Vice Chairman, Managing Director, and CEO, the company said in a statement to Tadawul.

The board also appointed Abdulaziz Al-Nassar as Board Secretary.

The company approved the formation of the remuneration and nomination committee, chaired by Fahd Al-Nassar, with Mohammed Al-Shayea and Nayef Alhumaid as members. It also approved the formation of the executive committee, chaired by Yasser Alhumaid.

It also approved the appointment of its representatives before the Capital Market Authority (CMA) and the Saudi Exchange (Tadawul) for regulatory purposes, as well as the formation of the audit committee. Details of the committee will be disclosed separately in accordance with CMA regulations.

According to Argaam data, Hedab Alkhaleej’s shareholders elected in July board members for the new term.