Aljazira Takaful to appoint new board, audit committee in May

09/04/2019 Argaam

Aljazira Takaful Taawuni Co.’s (Aljazira Takaful) shareholders on May 1 will appoint a new board of directors for the next three-year term starting July 2, 2019, the company said in a bourse filing.

 

Shareholders will also appoint a new audit committee and discuss the payment of SAR 1.28 million in board bonuses for FY18, the company said in a bourse filing.  

 

The board of directors’ report, audit report and all financial statements for 2018 will also be reviewed during the meeting.

 

Shareholders will discharge board members from liability associated with their activities in 2018, and select an external auditor for 2019 and Q1 2020.

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