| Element List | Explanation |
|---|---|
| Announcement Detail | With reference to the results of the ordinary General Assembly meeting of Arabia Insurance Cooperative Company, held on Wednesday 20/05/2026 AD, during which the members of the Board of Directors were elected for a term that began on 20/05/2026 AD, for a period of four Gregorian years ending on 19/05/2030 AD. Arabia Insurance Cooperative Company announces to its valued shareholders that the Board of Directors passed a resolution by circulation on 16/07/2026 AD, following the receipt of the Insurance Authority’s non-objection, approving the formation of the Board Committees as follows: First: The Executive Committee 1. Mrs. Nadine Hassan El Habbal (Chairman of the Committee). 2. Mr. Othman Mohammed Ali Bdeir (Committee Member). 3. Mr. Ghassan Ibrahim AKeel (Committee Member). 4. Mr. Ziyad Mohammed Al Rubaish (Committee Member). Second: Nomination and Remuneration Committee 1. Dr. Abdulrahman Mohammed Al Angari (Chairman of the Committee). 2. Mr. Wahbe Abdullah Tamari (Committee Member). 3. Mr. Abdullah Saeed Bin Saeed (Committee Member). Third: Risk Management Committee 1. Mrs. Nadine Hassan El Habbal (Chairman of the Committee). 2. Mr. Othman Mohammed Ali Bdeir (Committee Member). 3. Mr. Adel Nicolas Satel (Committee Member). Fourth: Investment Committee 1. Mr. Ghassan Ibrahim AKeel (Chairman of the Committee). 2. Dr. Abdulrahman Mohammed Al Angari (Committee Member). 3. Mr. Adel Basheer Al Bayedh (Committee Member). |
Arabia Insurance Cooperative Company Announces the Formation of the Board Committees
AI Summary
- Arabia Insurance Cooperative Company approved the formation of four Board Committees on July 16, 2026, following non-objection from the Insurance Authority.
- The committees are established for the current board term that ends on May 19, 2030, and include Executive, Nomination and Remuneration, Risk Management, and Investment committees.
- Mrs. Nadine Hassan El Habbal was appointed as Chairperson of both the Executive Committee and the Risk Management Committee.
- Dr. Abdulrahman Mohammed Al Angari was named Chairman of the Nomination and Remuneration Committee, while Mr. Ghassan Ibrahim AKeel was named Chairman of the Investment Committee.
