Allied Cooperative Appoints Rakan Abudaff as Independent Board Member

ACIG

ACIG

8150.SA

0.00

On August 3, 2026, Allied Cooperative Insurance Group announced the appointment of Rakan Nasr Abudaff as an independent board member, effective July 1, 2026, to fill a vacancy on its board. Abudaff brings extensive experience in corporate banking, strategic investments, business development, and joint venture management, having previously held leadership roles at Banque Saudi Fransi and in the industrial and investment sectors. The appointment received official authority approval on August 3, 2026, though it remains subject to ratification at the company's next General Assembly Meeting.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=97206&anCat=1&cs=8150&locale=ar

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