stc reappoints Prince Mohammed Al-Faisal as chairman, forms subcommittees

29/04/2021 Argaam

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stc board of directors, in a meeting held today, April 29, 2021, approved reappointing Prince Mohammed bin Khalid Al-Faisal as the company's board chairman for the current three-year term ending on April 27, 2024, according to a bourse filing.

 

The board also appointed Yazeed bin Abdulrahman Al Humied (non-executive board member) as vice chairman.

 

Furthermore, the board appointed board member Waleed bin Ibrahim Shukri and CFO Ameen bin Fahd Alshiddi as the company's representatives to the Capital Market Authority (CMA), Saudi Exchange (Tadawul) and Securities Depository Center Company (Edaa) as follows:

 

The board also approved the formation of the executive committee, the nominations and remuneration committee, the investment committee, and the risk committee.

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