Al-Jazirah Takaful announces BOD Chairman, Vice-Chairman, and formation of committees emanating from BOD

Reference is made to the Ordinary General Assembly Meeting of Aljazira Takaful, convened on Sunday, 18 Dhū al-Ḥijjah 1443, that included electing Board of Directors for new term of three years starts on 17 July 2022 and ends on 16 July 2025.
As resolved during Board of Directors meeting held on 24 July 2022, to select and name the Chairman of the Board and Vice Chairman of the Board and the formation of committees emanating from the Board for the current term subject to obtaining SAMA Non-Objection.
As SAMA Non-Objection has been obtained on 05 September 2022, Aljazira Takaful announces the following:
1- Appointment of Eng. Abdul Majeed bin Ibrahim Al-Sultan as Chairman of the Board of Directors (Non-Executive)
2- Appointment of Mr. Naif bin Abdulkarim Al-Abdulkarim as Vice of chairman. (Non-Executive)
3- Appointment of Mr. Ibrahim bin Muhammad Al-Hurabi – Chairman of the Audit Committee. (Independent)
4- Appointment of Mr. Sager bin Abdul Latif Nadershah – Managing Director. (Executive)
5- Formation of the Executive Committee:
1. Eng. Abdulmajeed bin Ibrahim Al-Sultan as Chairman of the Committee (Non-Executive (
2. Mr. Naif bin Abdulkarim Al-Abdulkarim – Member. (Non-Executive)
3. Mr. Khalid bin Othman Al-Othman – Member. (Non-Executive )
4. Mr. Ashraf Adnan Bseisu – Member. (Non-Executive )
5. Mr. Sager bin Abdul Latif Nadershah – Member. (Executive)
6- Formation of the Investment Committee:
1. Mr. Naif bin Mesnad Al-Mesnad as Chairman of the Committee (Non-Executive)
2. Eng. Abdulmajeed bin Ibrahim Al Sultan – Member (Non-Executive).
3. Mr. Naif bin Abdul Karim Al AbdulKarim – Member (Non-Executive).
4. Mr. Yahya bin Saleh Al Mansour – Member (Independent).
5. Mr. Sager bin Abdullatif Nadershah – Member (Executive).
7- Formation of the Risk Management Committee:
1. Mr. Ibrahim bin Muhammad Al-Hurabi as Chairman of the Committee(Independent).
2. Dr. AbdulKarim bin Hamad Al Nujaidi – Member (Independent).
3. Mr. Osama bin Khader Al-Ibrahim – Member (Member outside the board)
8- Formation of the Nomination and Remuneration Committee:
1. Dr. Abdulkarim bin Hamad Al-Nujaidi as Chairman of the Committee. (Independent).
2. Mr. Yahya bin Saleh Al Mansour – Member. (Independent).
3. Mr. Khalid bin Othman Al-Othman – Member (Non-Executive).
4. Mr. Faisal Mashhour Al-Mansour – Member ( Member outside the board)
It should be noted that during the company’s Ordinary General Assembly meeting held on 17/07/2022, the formation of the Audit Committee for the new term on 17/07/2022 and ends on 16/07/2025, was approved as follows:
1. Ibrahim bin Muhammad Al-Hurabi (Independent).
2. Khalid bin Muhammad Al-Khuwaiter (Independent).
3. Abdul Karim bin Abdullah Al-Shamekh (Independent).