BinDawood Holding shareholders elect board for three-year term

BinDawood Holding headquarters

Shareholders of BinDawood Holding Co. elected board members for the next three-year term, starting on May 8, 2022, during the ordinary general meeting (OGM) held on April 25.

They also approved the audit committee formation, work regulations and remuneration policy for the same three-year term, the company said in a bourse statement.

The board comprises Ahmad Abdulrazzaq BinDawood, Khalid BinDawood, Tariq BinDawood, and AbdulKhaliq BinDawood as executive members. It also includes Abdulrazzaq BinDawood and Walid Majdalani as non-executive members, along with three independent members.

The audit committee members are Abdulrahman M. Albarrak (independent - board member), as well as Abdulaziz Al-Mulhem and Amer Shaker (independent - non-board members).