Monday, January 22, 2024 at 4:13 PM
Osool and Bakheet Investment Company announces, as per the decision of its Board of Directors dated 16/05/1445H (corresponding to 30/11/2023G), the appointment of existing Board member, His Excellency Mr. Abdullah Ibrahim Al-Khorayef as the Chairman of the Board of Directors for the current term. This appointment will be effective from the date of approval by the Capital Market Authority registration on 10/07/1445H (corresponding to 22/01/2024G).
1. Name and Membership Status: Mr. Abdullah Ibrahim Al-Khorayef, (Chairman of the Board of Directors - Independent Member).
2. Date of the Board of Directors' Resolution: 16/05/1445H corresponding to 30/11/2023G.
3. Date of Capital Market Authority's Approval for Registration: 10/07/1445H corresponding to 22/01/2024G
4. Starting Date as a Chairman of Board of Directors: 10/07/1445H corresponding to 22/01/2024G.
5. End Date of the Current Board Term: 26/12/2024G.
6. Brief Overview:
- Presently occupies the position of Chief Executive Officer at Al-Khorayef Trading Company.
- Holds a Bachelor's degree in Business Administration (Financial Management) from King Saud University and a Master's in Business Administration from King Abdulaziz University.
- Member of the Board/Committee of several companies, including: Sulfa Company, Saudi Parts Center, Rakha Company for Agricultural Investment and Development, Al-Khorayef Industries, Al-Khorayef Trading, and Osool & Bakheet Investment Company.
- Held various leadership positions in different companies since 2000, before joining as a Board of member in Osool & Bakheet Investment Company.
