Arabian Shield Cooperative Insurance announced on November 26, 2025, that the Insurance Authority has approved the appointment of Prince Naif Bin Sultan Bin Mohammed Bin Saud alkabeer as Chairman of the Board and Mr. Sameer alwazzan as Vice Chairman. The company also formed five Board committees: Executive Committee, Nomination and Remuneration Committee, Investment Committee, Risk Committee, and Shariah Committee, following the Ordinary General Assembly meeting held on September 21, 2025. These appointments are for the new four-year term that commenced on September 22, 2025, and will end on September 21, 2029.

Original announcement:

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.