ACIG names new board members

Allied Cooperative Insurance Group’s (ACIG) board of directors approved the appointment of Khalid Aljasser and Abdullah Al-Harbi as independent board members, effective Nov. 29, 2020, the Saudi insurer said in a bourse statement.

ACIG received the Saudi Central Bank’s (SAMA) nod on these appointments, however, they are subject to the approval of the upcoming general meeting, the statement added.

Aljasser has an extensive experience of more than 30 years in the banking field. He was the chief executive officer (CEO) of Bank Albilad and is currently the chairman of STC Pay.

Al-Harbi has more than 15 years of experience in the internal auditing.