SHL Finance Co. Appoints Mohammed Alghannm as BOD Member

SHL Finance Co. announced on Wednesday the nomination of Mr. Mohammed bin Abdulrahman Alghannm as a temporary Board member after obtaining Saudi Central Bank (SAMA) none objection and the appointment shall be presented to the first Shareholders Assembly Meeting for approval on 17/10/2023.

He holds a business management Bachelor of science and has over 40 years’ experience in various fields and business sectors such as Banks and financial institutions and real estate constructions and he has various expertise and qualifications in leadership and driving organization growth, and implementing innovative solutions.

In addition, He worked as the CEO and Board member in Construction & Real Estate Development Company and also as ANB Branch manager as from 1983 up to 2013.

Based on Article (20) of the Company Bylaws, the Board of Directors decided of SHL Finance Company on 27th Sept. 2023 to Nominate Mr. Mohammad Bin Abdulrahman Al Ghannam as an independent member of the Board of Directors based on the recommendation of the Nomination & Remuneration Committee, provided the Board decision to Nominate the member shall not be final unless after obtaining Central Bank none Objection and the appointment of the member shall be presented to the first General Shareholder Assembly for its approval.