Committees of board of directors

Committees of Board of Directors

The board of directors shall carry out its tasks with the support of three main committees and the responsibilities and duties of each committee and the powers thereof shall be vested by the board of directors.
  

Audit Committee

The existence of audit committee is one of the main features of application of good governance rules as this committee works to establish the compliance culture in the Company through ensuring the integrity and correctness of financial reports as well as checking the sufficiency and efficiency of the applicable corporate internal control systems.

Audit Committee Members

 Mr./ Madi Talal Al-Khamees, Chairman
 Mr./ Abdullateif Mohamed Al-Shaya, Vice Chairman
 Mr./ Abdulrahman Nawaf Al-Othman , Member
 Mr./ Khaled Abdullateef Al-Baijan, Member

 

Risk Management Committee

The main role of the committee is to apply Policies and Regulations for Risk Management, It also promotes the corporate efficient performance by understanding and analyzing the volume of risks ahead of the Company’s business to eliminate them as much as possible to realize the corporate vision in accordance with the approved policies and standards.

 

Risk Management Committee Members

 Mr./ Madi Talal Al-Khamees, Chairman
 Mr./ Abdullateif Mohamed Al-Shaya, Vice Chairman
 Mr./ Abdulrahman Nawaf Al-Othman , Member
 Mr./ Khaled Abdullateef Al-Baijan, Member

 

Nomination and Remuneration Committee

The goal of nomination and remuneration committee is to promote efficiency and performance through participation in the selection of qualified members of the board of directors and senior executives to achieve the corporate vision in accordance with the approved policies and standards, develop policies of remunerations of board members and senior executives of the Company. 

 

Nomination and Remuneration Committee Members

 Mr./ Abdullah Mohammed Al- Mansour, Chairman
 Mr./ Abdulrahman Nawaf Al-Othman, Vice Chairman
 Mr./ Madi Talal Al-Khamees, Member
 Mr./ Hamad Talal Al-Ghanim, Member

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