Mobily replaces its board representative

07/01/2015 Argaam

Etihad Etisalat (Mobily), Saudi Arabia’s second-largest telecom operator, has ​decided to replace its board of directors’ representative Ibrahim Mohammed Al-Saif with Suliman bin Abdulrahman Al-Gwaiz, governor of the General Organization for Social Insurance (GOSI).


The decision comes at Al-Saif’s request, the company said on Wednesday in its statement to Tadawul, Saudi’s bourse. Both members are non-executive and the decision is effective starting Jan. 10, it added.

Al-Gwaiz has extensive banking experience, and he is currently chairman of Banque Saudi Fransi’s board.

​

His appointment will be presented to the company’s shareholders in their next general assembly meeting for approval, the statement added. 

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