| Element List | Explanation |
|---|---|
| Introduction | Gulf Union Al Ahlia Cooperative Insurance Company announces that the Board of Directors, by circulation resolution dated 1 April 2026, has approved the appointment of Mr. Abdulaziz Abdullah Al Naim as a member of the Board to fill the vacant seat, For the remainder of the current Board term. The appointment shall be effective from 1 April 2026 and shall continue until the expiry of the Board’s term on 16 December 2029. The Company has obtained the Insurance Authority’s non-objection to the appointment on 31/03/2026. |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Abdulaziz Abdullah Al Naim |
| Membership Type | Independent |
| Membership Start Date | 2026-04-01 Corresponding to 1447-10-13 |
| Brief Resume of the Appointed Member | Mr. Abdulaziz Abdullah Al Naim Holds a Bachelor’s degree in Business Administration with a major in Finance from MIT, United States, and is a Chartered Financial Analyst (CFA). He possesses extensive board-level experience across multiple sectors, including asset management, investment banking, insurance, food and beverages, chemical industries, logistics, and education. |
| The date of the approval by other official authorities | The Company has obtained the Insurance Authority’s non-objection to the appointment on 31/03/2026. |
| Element List | Explanation |
|---|---|
| Date of Board Meeting in which Appointed New Member(s) were Appointed | 2026-04-01 Corresponding to 1447-10-13 |
| Board Approval | The Board’s approval shall not be deemed final, and this appointment will be presented to the first General Assembly meeting for approval. |
| Attached Documents | Attached Documents |
