SADAFCO says board member resigns, appoints new member

15/12/2022 Argaam

Saudia Dairy and Foodstuff Co. (SADAFCO) board of directors approved the resignation of board member Abdullah Yaqoub Bishara, effective as of today, Dec. 15, the company said in a statement to Tadawul.

 

The resignation, which was submitted on Dec. 7, was due to personal reasons.

 

The board of directors also appointed Sheikh Sabah Mohammed Abdulaziz Al-Sabah as a new board member until the end of the current term on March 31, 2024.

 

The appointment is pending the approval of the upcoming general assembly meeting.

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