SADAFCO Appoints New Board Member Following Resignation
SADAFCO 2270.SA | 0.00 |
On April 21, 2026, Saudia Dairy and Foodstuff Co. (SADAFCO) announced the resignation of Mr. Faisal Hamad Mubarak Al Ayyar from his position as Non-Executive Board Member due to personal reasons, effective immediately. The Board of Directors simultaneously appointed Mr. Samer Mohammed Emad Abbouchi as a Non-Executive Board Member to complete the remaining term until March 31, 2028. Mr. Abbouchi brings 22 years of financial sector experience and currently serves as Deputy Group Chief Investment Officer at Kuwait Projects Company Holding (KIPCO). 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=94563&anCat=1&cs=2270&locale=arAttached PDF document link:
https://www.saudiexchange.sa/Resources/fsPdf/11034_407_2026-04-21_15-15-12_en.pdfImportant 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.