Fitaihi Holding reappoints Ahmed Fitaihi as Chairman; Ibrahim Al-Madhoun as Vice Chairman

One of Fitaihi Group branches

Fitaihi Holding Group’s board of directors reappointed Ahmed Fitaihi, a non-executive member, as Chairman, and Ibrahim Al-Madhoun, also a non-executive member, as Vice Chairman.

According to the company’s statement to Tadawul, the board also approved the reconstitution of the Audit Committee, Nomination and Remuneration Committee, Risk Committee, and Investment Committee, each comprising three members.

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Additionally, the company announced that Vice Chairman Ibrahim Al-Madhoun and CEO Yasser Abdulhamid were appointed as the company’s representatives to the Capital Market Authority (CMA) and Saudi Tadawul Group Holding Co., for all matters related to the implementation of the Capital Market Law and its executive regulations.

Reda Toubar was also appointed as the Secretary of the Board and its Committees.

According to data available with Argaam, the company’s shareholders approved in March the election of new board members for the upcoming three-year term, which will begin on April 22, 2025, and end on April 21, 2028.