Addendum Announcement from Wafa Insurance in regards the announcement of appointing Audit Committee Member
|Introduction||In addition to the published announcement regarding the Appointment of Audit Committee head Mr. Abdulwahab Ahmed Abed|
|Date of Posting the Previous Announcement of Development on Tadawul's Website||2021-01-21 Corresponding to 1442-06-08|
|URL of the Previous Announcement||Click Here|
|Change on the Development||With Reference to announcement dated in 08-06-1442 H Corresponding to 21-01-2021 G, Wafa Insurance announces the approval of the Board of Directors by circulation on 07-06-1442 H corresponding to 20-01-2021 G to appoint Mr. Abdulwahab Ahmed Abed as Head of Audit Committee as a replacement to the resigned member Mr. Abdulrahman Essa Alomayem ,and until the end of the current session of the Board of Directors on 18-01-2023 G. This approval based on the Saudi Central Bank's non-objection received by E-mail on 19/01/2021 G. |
Mr. Abdulwahab Ahmed Abed has Master of Business Administration in Finance, Bentley University, USA, with 14 years of experience in financial positions and business development, and he is a member of some of boards and committees.
The Board approval is not considered as final and this appointment will be presented to the nearest General Assembly meeting for final approval.
|Financial Impact on the change||None|
The Capital Market Authority and the Saudi Stock Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.