Saudi Real Estate Co.’s (Al Akaria) board of directors appointed independent board member Ayman Al Mudaifer as chairman for the three-year term which started on Jan. 31, the company said in a bourse statement.

 

They also chose board member Bandar Abdulrahman Muqrin as vice-chairman.

 

The board of directors formed the nominations and remunerations committee and the executive committee, it said.

 

They also appointed the board’s secretary for the term, as well as the company representatives to the Capital Market authority (CMA) and the Saudi Stock Exchange (Tadawul), the statement added.

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