Logo of Alhasoob Co.
Alhasoob Co.’s board of directors reappointed non-executive member Hamad Al Luhaidan as Chairman and named independent member Azzam Al Zaben as Vice Chairman during a meeting held on July 22.
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In a statement to Tadawul, Alhasoob said the board also approved the formation of the audit committee for a three-year term effective July 22. The committee will be chaired by independent member Abdullah Alkhowaiter, with Azzam Al Zaben (independent) and Ibrahim Al Luhaidan (non-board member) as members.
Alhasoob also announced the appointment of its representatives to the Capital Market Authority (CMA) and Tadawul for matters related to the implementation of the Capital Market Law and its executive regulations. A board secretary was also appointed for the current term.
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