“GIG” announces opening of nominations for BOD membership

Gulf Insurance Group (GIG) announced the opening of nominations for membership in the company’s Board of Directors for the next session, which begins on August 1, 2024, for a period of 4 years.

The company requested those wishing to nominate themselves for membership in the Board of Directors, who meet the conditions and qualifications for membership, to submit their nomination applications from today until April 30, 2024.

It indicated that the nomination will be in accordance with the provisions contained in the Companies Regulations issued by the Ministry of Commerce and the Corporate Governance Regulations issued by the Capital Market Authority, in addition to the policies, standards and procedures for membership in the Board of Directors approved by the General Assembly of the company’s shareholders, as the nominated members will be elected during the next General Assembly meeting. For the company, the date of which will be announced later, God willing, after obtaining the necessary approvals from the competent authorities.