Al Sagr Insurance Calls Candidature for Board Members Elections

Al-Saqr Cooperative Insurance Company announces the opening of candidacy for membership of the Board of Directors to complete the current session, which began on 06/16/2020 and ends on 06/15/2023 AD to fill 5 vacant chairs out of 9, for those who meet the conditions and qualifications for membership in accordance with the policies related to the membership of the Board of Directors (attached) approved by The company’s general assembly as part of the company’s corporate governance manual, and in accordance with the provisions and controls of the relevant laws, regulations and circulars, including the corporate governance regulations issued by the Capital Market Authority and the insurance companies governance regulations issued by the Saudi Central Bank and the requirements for appointment to leadership positions in financial institutions subject to supervision of the Saudi Central Bank and the requirements of all applicable regulations in this regard.

Applications Submission Method:

The complete nomination application shall be submitted within the specified nomination period through the following means:

1. Email: SH.relation@alsagr.com
2. Address: p. B. 3501 Khobar 31952 Kingdom of Saudi Arabia

1. The company’s headquarters located on the first floor of Abdul Rahman Al-Turki Tower, during the official working days and hours from Sunday to Thursday from 8:00 in the morning until 4:00 in the afternoon, with an electronic copy of all the application documents deposited at the company’s headquarters sent to the e-mail : SH.relation@alsagr.com

Any inquiries or questions in this regard can also be directed to the above-mentioned e-mail or phone number 8003040114 to be answered.

Application Requirements:

1. Submission of the complete application within the specified nomination period, addressed to the remaining members of the Board of Directors (the nomination letter format is attached).
2. Fulfilling the criteria contained in the policies related to the membership of the Board of Directors (attached).
3. Complete the fit and proper form issued by the Saudi Central Bank and provide the company within the nomination application with a complete and signed copy in (PDF) and an electronic copy in (Word) format identical to the signed copy. The candidate can obtain the form (fit and proper form) from the website of the Saudi Central Bank via the link:

http://www.sama.gov.sa/ar-sa/ApplyLicense/InsuranceForms/Form_F%20%Dimage6%Don’t allD8%B0%D8%AC%20%D8%A7% D8, D8A7%D8%A1%D,D8,D8A9.docx

1. Completely fill out Form No. (3) of the Capital Market Authority and provide the company within the nomination application with a full and signed copy in (PDF) and an electronic copy (Word) identical to the signed copy, and the candidate can obtain the form (Form “3” CV form for the candidate For membership in the Board of Directors of a joint stock company listed on the Saudi Stock Exchange “Tadawul”) from the website of the Capital Market Authority via the link: https://cma.org.sa/RulesRegulations/FormsSite/Pages/default.aspx
2. The CV of the candidate, his qualifications and experience in general and in the field of insurance in particular, and copies of certificates, qualifications and experience shall be attached to the nomination application.
3. A copy of the national ID or Iqama
4. A copy of the passport