| Element List | Explanation |
|---|---|
| Introduction | Saudi Arabian Cooperative Insurance Co. (SAICO) announces the resolution of the Board of Directors dated 20/05/2026 appointing Mr. Khalid Ali Ballow as the Acting Chief Executive Officer of the company effective 21/05/2026. |
| Element List | Explanation |
|---|---|
| Appointment Type | Delegation |
| Name of the Appointed Person | Mr. Khalid Ali A. Ballow |
| Date of Board Resolution | 2026-05-20 Corresponding to 1447-12-03 |
| Date Work Commencement | 2026-05-21 Corresponding to 1447-12-04 |
| Brief Resume | Mr. Khalid earned a Master’s Degree in Business Administration from the Arab Academy for Science, Technology & Maritime Transport, Egypt in 2008, a Bachelor’s Degree in Administrative Sciences from King Saud University, Riyadh in 1998, and a Professional Diploma in Marketing from the Riyadh Chamber of Commerce & Industry in 2003, in addition to a Chartered Insurance Institute (CII) Professional Diploma from the Bahrain Institute of Banking and Finance. Mr. Khalid has over 27 years of insurance leadership experience, of which 16 years are with SAICO. He joined SAICO in 2010. The last position held by him at SAICO, before the present appointment, was Vice President – Sales and Business Development. The members of the Board of Directors of SAICO have expressed their sincere wishes for his continued success in his upcoming responsibilities. |