Umm Al-Qura Cement names Abdullah Alabdullatif as Chairman, Saud Al Sabhan Vice Chairman

Logo of Umm Al-Qura Cement Co.

Umm Al-Qura Cement Co.'s board of directors approved, today, July 4, appointing Abdullah Alabdullatif as Chairman and Saud Al Sabhan as Vice Chairman, the company said in a filing to Tadawul.

In addition, the board gave the go-ahead for forming the remuneration and nominations committee, as well as representatives of the company to the Capital Market Authority (CMA) and the Saudi Exchange (Tadawul) for all purposes related to complying with the CMA regulation.

The secretary of the board and committees was also appointed during the meeting.

The ordinary general meeting, held on April 28, approved forming the audit committee, defining its tasks, rules of work, and remuneration for its members for the term, which begins today, July 4, and ends on July 3, 2024.