Mobile Telecommunication Company Saudi Arabia (Zain KSA) Announces formation of the Audit Committee.
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Mobile Telecommunication Company Saudi Arabia (Zain KSA) is pleased to announce the formation of the Audit Committee for the current 4-year Board term, started on 26 /04/ 2025, and ending on 25 /04/2029, based on the Board’s resolution. |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Mr. Talal Said Almamari (non-executive member) - Committee Member. |
| Membership Start Date | 2025-05-04 Corresponding to 1446-11-06 |
| Brief Resume of the Appointed Member | Mr. Talal Said Al Mamari has been a Board member since May 9, 2023. He has been the Chief Executive Officer of Omantel since 29th June 2014. Prior to his appointment as CEO, he held several leadership positions within the Company including Chief Financial Officer. With more than 25 years of experience in the telecom sector working for Omantel, Mr. Al Mamari has played an instrumental role in different initiatives and projects carried out by the Company
He holds a degree in Business Administration from Duquesne University, Pittsburgh, Pennsylvania, USA. He also holds a Senior Executive Program degree from the London Business School, UK. |
| The date of the approval by other official authorities | Not Applicable |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Mr. Ossama Michel Matta (non-executive member) - Committee Member. |
| Membership Start Date | 2025-05-04 Corresponding to 1446-11-06 |
| Brief Resume of the Appointed Member | Mr. Osama Matta is a board member of Zain KSA, and he has been the Chief Financial Officer (CFO) of Zain Group since June 2010, bringing over 23 years of experience in the financial and administrative sectors across Middle Eastern markets. He joined Zain in 2004 and held several executive positions in Lebanon and Kuwait before assuming his current role. Matta has extensive expertise in corporate finance, having played a key role in securing over USD 5 billion in funding, as well as in mergers, acquisitions, and strategic partnerships. He is highly skilled in financial analysis, corporate governance, and financial planning. He holds both an MBA and a Bachelor's degree in Business Administration from the American University of Beirut, and he is a Certified Public Accountant (CPA). |
| The date of the approval by other official authorities | Not Applicable |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Mr. Umar Abdulrahman Almahmoud (independent member) - Committee Member. |
| Membership Start Date | 2025-05-04 Corresponding to 1446-11-06 |
| Brief Resume of the Appointed Member | Mr. Umar Almahmoud is currently a board member of Zain KSA and the Chief Executive Officer of MedGulf Insurance – Saudi Arabia, bringing with him over 20 years of experience in the finance and insurance sectors, with a distinguished track record in strategic leadership and operational transformation. He has held several leadership positions at MedGulf, including Deputy CEO, Chief Operating Officer, and Head of Information Technology. He also brings prior experience from major companies such as Tawuniya Insurance.
He possesses extensive expertise in risk management, organizational structure development, and aligning corporate objectives with Saudi Vision 2030.
Mr. Umar serves on multiple boards and executive committees and holds the position of Vice Chairman in both publicly listed and private companies. Academically, he holds a bachelor’s degree in management information systems from King Fahd University of Petroleum and Minerals and has earned the Associate Digital Insurer (ADI) certification from the Chartered Insurance Institute. |
| The date of the approval by other official authorities | Not Applicable |
| Element List | Explanation |
|---|---|
| Date of Board Meeting in which Appointed New Member(s) were Appointed | 2025-05-04 Corresponding to 1446-11-06 |
Comments