SAUDI CABLE

05 May, 2024 08:31

Saudi Cable Co. Announces Appointment Audit Committee Member

Element ListExplanation
Introduction Saudi Cable Co. announces its board of directors’ decision published on 23/10/1445 corresponding to 02/05/2024 to increase numbers of the audit committee from three to four members by appointing Mr. Aziz bin Mohammed Alqahtani (external member) as a member in the audit committee. This decision is considered effective from the decision date till the end of the current board session on 03/04/2027.
Element ListExplanation
Appointed Member Name Mr. Aziz bin Mohammed Alqahtani
Membership Start Date 2024-05-02 Corresponding to 1445-10-23
Brief Resume of the Appointed Member Mr. Aziz M. Alqahtani holds master’s degree in accounting, and he has over 30 years of practical experience with key focus in internal audit, finance, accounting, risk management and corporate governance in several leading companies such as Aramco and STC, he also held many leadership positions in many leading entities, in addition to participating in the membership of boards of directors and audit committees in several joint stock companies, and providing professional advice in the field of auditing and accounting.
The date of the approval by other official authorities Not Applicable
Element ListExplanation
Date of Board Meeting in which Appointed New Member(s) were Appointed 2024-05-02 Corresponding to 1445-10-23
Additional Information Board Approval Deemed Final, according to paragraph (A) of article Fifty-One of the Corporate Governance Regulations.

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