The Company for Cooperative Insurance Announces the Formation of the Audit Committee Members

1- Abdulaziz Bin Mohammed Alsedeas (Chairman of the Committee- Independent Board Member)

2- Abdulsalam Naser Abaoud (Member - Independent Board Member)

3- Yaser Abbas Salman (Member - Outside the board)

4- Mazen Naser Alsharfan (Member - Outside the board)

5- Amjad Ibrahim Alogaili (Member - Outside the board)

Holds a Postgraduate Diploma in Management and a Bachelor’s degree in English Literature.

He holds a Master’s in Actuarial Science from the University of Waterloo, Canada, and is a Fellow and member of the Society of Actuaries (SOA), USA.

His professional credentials include being an ACCA Fellow, a Certified Islamic Public Accountant (CIPA), and a Qualified Arbitrator for financial disputes. In addition, he has a proven track record of large-scale transformation and audit engagements at Gulf International Bank and Ernst & Young.

He currently serves as Chief Internal Auditor and holds several Audit Committee Chairmanships and memberships across various organizations, where he plays a key role in providing independent assurance to Boards and enhancing the effectiveness of governance, risk management, and internal control frameworks.

Mr. Alsharfan has extensive experience in establishing and developing Internal Audit, Compliance, and Enterprise Risk Management functions, as well as providing strategic advisory to Boards and their committees, supporting decision-making, transparency, and regulatory compliance. He has also contributed to governance and control readiness in support of an initial public offering, in addition to building advanced control frameworks aligned with the requirements of regulatory authorities, including the Saudi Central Bank and the Capital Market Authority.

He holds a Master of Business Administration (MBA) and a Master of Professional Accounting, and is a Certified Internal Auditor (CIA). He is recognized for his strong leadership capabilities in strategic planning, governance, and risk management, as well as enhancing the effectiveness of organizational control environments.

She previously held several leadership roles, most notably Finance Manager at the Saudi Pro League and Finance Manager at the Saudi Sports Company and has also held leadership positions at Elm Company and Malath Cooperative Insurance Company. She possesses extensive experience in International Financial Reporting Standards (IFRS), financial analysis, and regulatory reporting, with direct exposure to disclosure requirements under the Saudi Exchange (Tadawul) and reporting frameworks of the Saudi Central Bank (SAMA). She has also contributed to the implementation of IFRS 17 and financial transformation initiatives, including reporting automation and the development of financial policies and procedures. In addition, she has advanced expertise in forensic accounting and fraud examination and has contributed to enhancing financial governance frameworks and internal controls.

Ms. Alogaili holds a Bachelor’s degree in Accounting and is a Certified Public Accountant (SOCPA), in addition to certifications in Certified Fraud Examiner (CFE) and Local Content Verification. She demonstrates strong capabilities in financial leadership, governance support, strengthening oversight functions, and strategic decision-making