Gulf General Cooperative Insurance Company’s Announcement Regarding the Appointment of the Acting Chief Executive Officer

Element List	Explanation
Introduction	The Gulf General Cooperative Insurance Company announces that its Board of Directors, following the recommendation of the Remuneration and Nomination Committee, issued a board resolution by circulation on 18 April 2026, regarding the appointment of Mr. Mohammed Abullah Alghamdi as the acting Chief Executive Officer, Effective from the date of the Insurance Authority’s no-objection issued on 20 May 2026.

Element List

Explanation

Introduction

The Gulf General Cooperative Insurance Company announces that its Board of Directors, following the recommendation of the Remuneration and Nomination Committee, issued a board resolution by circulation on 18 April 2026, regarding the appointment of Mr. Mohammed Abullah Alghamdi as the acting Chief Executive Officer, Effective from the date of the Insurance Authority’s no-objection issued on 20 May 2026.

Element List	Explanation
Appointment Type	Delegation
Name of the Appointed Person	Mr. Mohammed Abdullah Alghamdi
Date of Board Resolution	2026-04-18 Corresponding to 1447-11-01
Date Work Commencement	2026-05-20 Corresponding to 1447-12-03
Brief Resume	Mr. Mohammed Abdullah Ahmed Alghamdi has extensive experience in the insurance sector, particularly in sales and marketing. Throughout his career, he has held several leadership and executive positions in the insurance and financial services sectors, with expertise covering direct sales, bancassurance, sales development, and branch management. He currently serves as Sales & Marketing Director at Gulf General Cooperative Insurance Company. He holds a Bachelor’s degree in Business Administration, majoring in Marketing, from King Abdulaziz University.