Saudi Steel Pipe Company Announces Appointment of an Audit Committee Member
|Introduction||Saudi Steel Pipes Company announces the appointment of Mr. Maged Mohammed Al-Dakheel as an Audit Committee Member, as approved by the Board (through circulation) on 10 Rabiul Awwal 1442 corresponding to 27 October, 2020 based on the RNC’s recommendation. Mr. Maged Mohammed Al-Dakheel will complete the remaining period of the term of current Committee until 6 June, 2022.|
|Appointed Member Name||Maged Mohammed Al-Dakheel|
|Membership Start Date||2020-10-28 Corresponding to 1442-03-11|
|Brief Resume of the Appointed Member||Mr. Maged Mohammed Al-Dakheel has about 19 years, in accounting, MIS, finance and the compliance for banks. Previously, he was Deputy CFO in Saudi investment Bank. |
Worth noting, he was a Board member in Saudi Credit Bureau (SIMAH) and a Committee member in several companies.
He is currently the Chief Financial Officer for Social Development Bank.
He holds a Bachelor degree in Administrative Science In the field of Accounting, King Saud University – 2001.
|Date of Board Meeting in which Appointed New Member(s) were Appointed||2020-10-27 Corresponding to 1442-03-10|
|Board Approval||The appointment of Mr. Maged Mohammed Al-Dakheel shall be submitted to the shareholders for their approval in the next General Assembly Meeting.|
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.
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1442/03/11 28/10/2020 08:21:55
1442/03/11 28/10/2020 08:20:11