Aldrees appoints new chairman, vice chairman

20/12/2020 Argaam


The board of directors of Aldrees Petroleum and Transport Services Co. appointed Hamad bin Mohammed Al-Drees as chairman of the board, and Abdul Mohsen bin Mohammed Al-Drees as vice chairman.

 

Also, the board approved the appointment of Abdulelah bin Saad Al-Drees as Managing Director and CEO, and Khalid bin Abdul Mohsen Al-Drees as the Board of Directors’ secretary.

 

According to a statement on Tadawul, the board of directors also formed a number of committees including: -

 

-Executive Committee, chaired by Abdul Mohsen bin Mohammed Al-Drees, and membership of Hussein bin Abdulrahman Al-Athel, Abdulelah bin Saad Al-Drees, and Salman bin Mohammed Al-Suhaibani.

 

-Nominations and Compensation committee, chaired by Adel bin Faris Al-Otaibi, and membership of Eid Faleh Alshamri, and Shahil bin Abdulaziz Al-Shuhail.

 

The company indicated that its representatives have been appointed to the Capital Market Authority (CMA) and the Saudi Stock Exchange (Tadawul) for all purposes related to the application of the financial market system and its implementing regulations.

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