BUPA ARABIA FOR COOPERATIVE INSURANCE COMPANY ANNOUNCES THE APPOINTMENT OF AN AUDIT COMMITTEE MEMBER
Bupa Arabia for Cooperative Insurance Co. announces the approval of its Board of Directors, on 29/05/2018G, of the recommendation of the Nomination and Remuneration Committee, to appoint Mr. Sulaiman Naser AlHatlan Alkahtani, as member of the Bupa Arabia Audit Committee, as an independent member from outside of the Board, effective 01/06/2018G, to complete the current office term of the Committee, which ends on 30/06/2019G.
The appointment of Mr. Sulaiman Naser AlHatlan Alkahtani is as an additional Audit Committee member thereby increasing the total size of the Audit Committee membership to four members.
Mr. Sulaiman Naser AlHatlan Alkahtani holds a Master of Science Degree in Accountancy, from the San Diego State University, USA, obtained in 1998, and a Bachelor's Degree in Accounting, from the King Saud University, obtained in 1994, has extensive Board and Committee membership experience in Saudi Arabia, and is currently an Audit Committee member in a variety of Companies.
It should be noted that this new Audit Committee member appointment is subject to the approval of the public shareholders in a future General Assembly meeting and which General Assembly meeting date will be advised at a later date.
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