COMMITTEES OF THE BOD

Investors Affairs Unit communicates with shareholders and answers their inquiries. It is the only body authorized to officially respond to shareholders in the event of any emergency to the company, whether vital news, unusual trading, sharp rise or fall of company stock. It also monitors shareholders ’information, informs them of their rights, provides them with information, holds conferences and meetings for shareholders, and works to protect shareholders’ rights, etc.

Board of Directors’ Committees

To improve the effectiveness of Board of Director supervision, the Board formed the following subcommittees:

Board of Director Audit Committee

The Audit Committee shall be responsible for defining and supervising the adequacy of the company's internal control and audit functions, as well as ensuring at the same time the compliance with laws, policies, instructions, code, codes of conduct, and applicable work ethics.

Members' names:
  • Mr. Abdulaziz Nasser Almarzoq (Head of Committee)
  • Mr. Riyad Nasser Albader.
  • Mr. Talal Mohammad Rida Behbehani

Board of Director Risk Management Committee

This committee shall be responsible for conducting a review and reporting process to the Board on the current, future and permitted risk management strategy, in conjunction with overseeing the implementation of this strategy by the executive management. It also strives to provide effective systems for risk management and independence of these tasks.

Members' names:
  • Mr. Ibrahim Borosli.
  • Mr. Talal Mohammad Rida Behbehani (Head of Committee)
  • Mr. Riyad Nasser Albader

Rewards and Nominations Committee

This committee shall be responsible for making recommendations and submitting them to the Board concerning the nomination for board membership and review its structure annually, especially the evaluation of Board’s performance as a whole and review each member performance annually; and development of rewards policy for all employees in a manner consistent with applicable laws and regulations. In addition, the committee shall be responsible for filling out positions in senior levels of executive management, while ensuring the appointment of qualified employees in conjunction with setting performance standards and succession plans.

Members' names:
  • Mr. Abdulaziz Nasser Almarzoq (Head of Committee)
  • Mr. Mansour Hamad Almubarak
  • Mr. Talal Mohammad Rida Behbehani