Gulf General Appoints Mohammed Alghamdi Acting CEO

GULF GENERAL

GULF GENERAL

8260.SA

0.00

Gulf General Cooperative Insurance Company announced on May 20, 2026 the appointment of Mr. Mohammed Abdullah Alghamdi as acting Chief Executive Officer, following a board resolution issued by circulation on April 18, 2026. The appointment was made upon recommendation of the Remuneration and Nomination Committee and became effective from May 20, 2026, following the Insurance Authority's no-objection approval. Mr. Alghamdi, who currently serves as Sales & Marketing Director at the company, brings extensive experience in the insurance sector with expertise in sales, marketing, bancassurance, and branch management, and holds a Bachelor's degree in Business Administration with a marketing major from King Abdulaziz University.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95551&anCat=1&cs=8260&locale=ar

Note: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.

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.