ACWA Power Appoints Prince Sultan as Independent Director

ACWA -0.47%

ACWA

2082.SA

168.70

-0.47%

ACWA Power Company announced on March 29, 2026 the resignation of independent board member Mr. Khaled Saleh Alkhattaf, effective March 26, 2026, to pursue other commitments. The Board of Directors appointed HH. Sultan bin Khalid bin Faisal Al Saud as an independent board member via circulation to complete the current term ending January 4, 2029. Prince Sultan serves as CEO of the Saudi Industrial Development Fund and holds board positions at several organizations including MiSK Foundation and Monsha'at. The appointment requires approval at the next General Assembly meeting.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=93864&anCat=1&cs=2082&locale=ar

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