Al Sagr Cooperative Insurance Co. announced on November 23, 2025, the appointment of Mr. Naif Rashid Al-Arfaj as an independent board member to fill a vacancy. The appointment was approved by the board via circulation on September 24, 2025, and received the Insurance Authority's non-objection on November 20, 2025. Mr. Al-Arfaj, who has over ten years of experience in Governance, Risk, and Compliance, will serve for the remainder of the current board term ending November 22, 2026. The appointment requires final approval at the next General Assembly Meeting.

Original announcement:

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