MedGulf names board members for current term

10/04/2018 Argaam

The Mediterranean and Gulf Insurance & Reinsurance Co.’s (MedGulf) shareholders have elected eight board members to fill in vacant positions and complete the current term ending April 7, 2019, the insurer said in a bourse statement.

 

The elected members are Abdul Rahman Al Barrak, Najem Al Zaid, Yousef Al Yousefi, Tariq Al Naeem, Mohamed Bi Dawood, Mohammed Al Eidy, Ziya Akkur and Akira Mochizuki.

 

MedGulf was unable to publish its financial statements  for fiscal year 2017, after failing to hold its general assembly meeting to approve the financials due to lack of quorum.

 

The insurer said it will disclose its financials after obtaining board and regulatory approvals.

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