Walaa Insurance gets SAMA nod to appoint board members

14/10/2018 Argaam

Walaa Cooperative Insurance Company has received approval from the Saudi Arabian Monetary Authority (SAMA) to appoint the new board vice chairman and executive committee chairman until the end of the current session.

 

Khalid Bin Abdulrahman Alrajhi and Dr Sulaiman Bin Abdulaziz Altuwaijri will be appointed as the vice chairman and the executive committee chairman respectively, the insurer said in a statement to Tadawul.

 

In August this year, Walaa Insurance announced the resignation of vice chairman Abdullah Bin Mohammed al Othman due to personal reasons.

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