Al-Etihad Cooperative Insurance Co. Announces Resignation of a Board Member

ALETIHADTadawulJune 10, 2026View on exchange

AI Summary

Mr. Ahmed Yousef Boushnak has resigned from his position as an independent member of the Board of Directors, effective June 12, 2026.
His resignation includes stepping down from his roles as Chairman of the Nominations and Remuneration Committee and as a member of the Audit Committee.
The departure is attributed to a desire to pursue other commitments.
Mr. Boushnak had served on the board since his membership began on February 17, 2026.

Element List	Explanation
Introduction	Al-Etihad Cooperative Insurance Company announces the resignation of Mr. Ahmed Yousef Boushnak from his membership on the Board of Directors, his membership as a chairman of the Nominations and Remuneration Committee, and his membership on the Audit Committee. The Board of Directors extends its sincere thanks and appreciation to Mr. Ahmed Yousef Boushnak for his efforts and valuable contributions to the company during his membership, and wishes him continued success.

Element List

Explanation

Introduction

Al-Etihad Cooperative Insurance Company announces the resignation of Mr. Ahmed Yousef Boushnak from his membership on the Board of Directors, his membership as a chairman of the Nominations and Remuneration Committee, and his membership on the Audit Committee.

The Board of Directors extends its sincere thanks and appreciation to Mr. Ahmed Yousef Boushnak for his efforts and valuable contributions to the company during his membership, and wishes him continued success.

Element List	Explanation
Resigned Member Name	Ahmed Yousef Boshnak
Membership Type	Independent
Resignation Submission Date	2026-06-09 Corresponding to 1447-12-23
Resignation Effective Date	2026-06-12 Corresponding to 1447-12-26
Membership Starting Date for the Resigned Member	2026-02-17 Corresponding to 1447-08-29
Reasons of Resignation	To pursue other commitments.