| Element List | Explanation |
|---|---|
| Introduction | Morabaha Marina Financing Company announces the appointment of the Audit Committee members for the new Board term, which commenced on 27/06/2025 and will continue for three years until 26/06/2028, as follows: 1. Eng. Nasser bin Mohammed Al-Qasabi (Independent Member). 2. Mr. Riyadh bin Mohammed Al-Yousef (Independent Member – Outside the Board). 3. Mr. Mamdouh bin Suleiman Al-Majed (Independent Member – Outside the Board). 4. Mr. Salah bin Mohammed Barbaa (Independent Member – Outside the Board). |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Nasser Mohammed Al-Qasabi |
| Membership Start Date | 2025-06-27 Corresponding to 1447-01-02 |
| Brief Resume of the Appointed Member | Eng. Nasser Mohammed Al-Qasabi has over 20 years of professional experience in the finance sector, holding several leadership positions in both governmental and private entities. He holds a Bachelor’s degree in Industrial Engineering from King Abdulaziz University and an MBA from the University of Glasgow, United Kingdom. |
| The date of the approval by other official authorities | No objection from SAMA dated 24/09/2025 AD |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Riyadh Mohammed Al-Yousef |
| Membership Start Date | 2025-06-27 Corresponding to 1447-01-02 |
| Brief Resume of the Appointed Member | Mr. Riyadh Mohammed Al-Yousef has more than 20 years of professional experience in the banking sector. He holds an MBA from the University of Surrey, United Kingdom, and a Bachelor’s degree in Quantitative Methods from King Saud University. |
| The date of the approval by other official authorities | No objection from SAMA dated 24/09/2025 AD |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Mamdouh bin Suleiman Al-Majed |
| Membership Start Date | 2025-06-27 Corresponding to 1447-01-02 |
| Brief Resume of the Appointed Member | Mr. Mamdouh bin Suleiman Al-Majed has more than 29 years of professional experience in accounting, auditing, financial and tax advisory. He is a licensed Certified Public Accountant and holds a Bachelor’s degree in Accounting from King Saud University. |
| The date of the approval by other official authorities | No objection from SAMA dated 24/09/2025 AD |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Salah bin Mohammed Barbaa |
| Membership Start Date | 2025-06-27 Corresponding to 1447-01-02 |
| Brief Resume of the Appointed Member | Mr. Salah bin Mohammed Barbaa has over 25 years of professional experience in banking and auditing. He holds a Bachelor’s degree in Accounting from King Abdulaziz University, is a Fellow of the Saudi Organization for Certified Public Accountants (SOCPA) since 2004, and holds a Diploma in International Financial Reporting Standards (IFRS) from the United Kingdom. |
| The date of the approval by other official authorities | No objection from SAMA dated 24/09/2025 AD |
| Element List | Explanation |
|---|---|
| Date of Board Meeting in which Appointed New Member(s) were Appointed | 2025-07-07 Corresponding to 1447-01-12 |
