Logo of Banan Real Estate Co.
Banan Real Estate Co. said its board reappointed Abdulmohsen Alhakbani as Chairman and Ahmad Alhakbani as Vice Chairman, according to a statement to Tadawul.
The board also reappointed CEO Majed Al-Nasser and approved the continuation of granting him full CEO powers.
In addition, the board approved the formation of a nomination and remuneration committee, naming Abdulaziz Al-Qabbani, Fahad Al-Ghamdi, and Khalid Al-Balawi as members.
A board secretary was appointed, and the company’s representatives at the Capital Market Authority, the Saudi Tadawul Group, and the Securities Depository Center Company (Edaa) were confirmed, the statement added.
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