NADEC says 2 board members resign, 2 appointed to complete current term

Logo of NADEC

National Agricultural Development Co. (NADEC) announced that the board of directors approved, on Oct. 4, the resignation of two members, namely Saleh Alafaleq and Omar Almadhi, for personal reasons, according to a bourse filing.

Meanwhile, the board gave the green light for appointing Ahmed Shahini and Ibrahim Al-Amer as of today, Oct. 5, to complete the current term ending on April 10, 2024.

Shahini has extensive business experience as a member on several boards and held a variety of executive positions over the past 16 years in several sectors such as business development, supply chain, and commercial. He is currently Advisor to the CEO of Saudi Agricultural & Livestock Investment Company (SALIC) and a board member at Al-Khair Inorganic Chemical Industries Co., Shahini Holding Group and Naba Alsaha Medical Services Co.

As for Al-Amer, he is recognized as an expert in human resources and business sectors due to his 26 years of experience as a board member at Maaden, Waad Al-Shamal Co. until April 22, and Council of Cooperative Health Insurance until November 2019, in addition to other committees. Currently, he is Advisor to the CEO of Saudi Mining Services Co. Al-Amer was Senior Vice President of Human Capital at Maaden until 2022, and served as Deputy Minister for Shared Services at the Ministry of Commercial and Investment until 2019. Throughout his career, he received numerous awards, certificates, and commendations from organizations in the fields of human resources, business, and organizations management. He completed Senior Executive Program, London Business School– 2019, gained a Master’s of Business Administration (MBA), University of Hull, UK, 2004 and holds a Bachelor’s degree in accounting from Imam Mohammed Ibn Saud University in 1994.

The appointments are pending the approval of the upcoming general meeting.