Appointment of Ahmed Albarrak as FIPCO BOD Chairman and Faisal Alharbi as Vice-chairman and Managing Director

Filling and Packing Materials MFG. CO. (FIPCO) announced on Thursday the Board of Directors’ decision to appoint Mr. Ahmed Abdullattif Albarrak (non-executive) as Chairman of the Board, and Mr. Faisal Muhammad Alharbi (executive) as Vice-chairman and the Managing Director.

The Board of Directors also decided during its first meeting of 2025 according to the announcement published on “Tadawul” to appoint a Secretary to the Board of Directors, and to appoint representatives of the Company to the Capital Market Authority and the Saudi Tadawul Group for all purposes related to the implementation of the Financial Market Law and its Executive Regulations.

The committees emanating from the Board of Directors were also formed in accordance with the approved tasks and powers, and the Audit Committee was formed, for the period of the current session of the Board of Directors, which began on Jan. 01, 2025 and for four Gregorian years ending on Dec. 31, 2028, from the following members:

1. Mr. Khaled Ali Otain

2. Mr. Osama Saleh Alhodaithi

3. Mr. Nemer Nasser Alharbi