MEPCO appoints new board, audit committee members

Middle East Paper Co.’s (MEPCO) board of directors approved, on May 10, the appointment of independent member, Omar Mohamed Siraj Najjar, as the fourth audit committee member.

The company said in a bourse filing that the board’s recommendation will be put to the vote at the upcoming general meeting, noting the appointment will be effective on the approval date of general meeting until November 13, 2022.

In a separate statement, MEPCO board approved today the resignation of board member and audit committee head, Khaled Saleh Fahad Al Khattaf, submitted on Feb. 11, 2020 citing personal reasons.

The board also appointed Khaled Salem Mohammed Al Ruwais as a new independent member, effective May 10, 2020.