Watani Iron and Steel Company announces the decision of its Board of Directors dated February 25, 2025, based on the recommendation of the Remuneration and Nominations Committee, to approve the appointment of Mr. Faisal Muhammad Hammad Al-Ubaid as a member of the Board of Directors (independent member), to complete the current Board term, which ends on July 1, 2026.
Element List
Explanation
Appointed Member Name
Faisal Muhammad Hammad Al-Ubaid
Membership Type
Independent
Membership Start Date
2025-02-25 Corresponding to 1446-08-26
Brief Resume of the Appointed Member
Mr. Faisal Al-Ubaid has more than 15 years of experience in the fields of finance, investment, risk management and governance. He holds a Bachelor’s degree in Accounting and a Master’s degree in Business Administration, in addition to being a fellow of the Saudi Organization for Certified Public Accountants (SOCPA). He has held various positions in the field of investment and financial management and is currently the Executive Vice President of Investment, Strategy and Excellence at the Saudi Public Transport Company (SAPTCO).
The date of the approval by other official authorities
N/A
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Explanation
Date of Board Meeting in which Appointed New Member(s) were Appointed
2025-02-25 Corresponding to 1446-08-26
Board Approval
Board Approval May not be Deemed Final, this Appointment Shall Be Put before the First General Assembly Meeting for Approval
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