BinDawood Holding Company Announces the formation of the Audit Committee
| Element List | Explanation |
|---|---|
| Introduction | BinDawood Holding Company is pleased to announce its Board of Directors resolution dated on 08/05/2025 corresponding to 10/11/1446H regarding the formation of the Audit Committee for the new term that took effect as of 08/05/2025 for four years and will end on 07/05/2029 the members were as follows:
Dr. Abdulrahman Mohammad Al Barrak (Chairman - Independent member) Mr. Amer Abbas Shaker (from outside the Board -Independent member) Mr. Khalid Abdulrahman Albanami (from outside the Board – Independent member) |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Dr. Abdulrahman Mohammad Al Barrak |
| Membership Start Date | 2025-05-08 Corresponding to 1446-11-10 |
| Brief Resume of the Appointed Member | Dr. Abdulrahman has over 28 years of experience in financial markets, corporate governance and internal audit, and has held several key positions in governance and Board management. He currently holds several prominent positions, including board member and chairman of the Nomination and Remuneration Committee at the Saudi Health Holding Company, and chairman of the Audit Committee at the Saudi Credit Bureau (SIMAH) and Elm company in addition to numerous other positions in corporate and investment. He also holds a PhD in Finance from Newcastle University, UK. |
| The date of the approval by other official authorities | Not applicable |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Mr. Amer Abbas Shaker |
| Membership Start Date | 2025-05-08 Corresponding to 1446-11-10 |
| Brief Resume of the Appointed Member | Mr. Amer has extensive experience in the fields of internal audit and financial audit. He currently holds several key positions, including a member of the Audit Committee of the General Authority for the Protection of Coral Reefs and Turtles in the Red Sea, and Head of the Internal Audit Department. Mr. Amer holds professional certifications, including Certified Internal Auditor (CIA) and Certified Information Systems Auditor (CISA). He also served as Audit and Risk Manager at Red Sea Gateway and as External Audit Manager at Ernst & Young. |
| The date of the approval by other official authorities | Not applicable |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Mr. Khalid Abdulrahman Albanami |
| Membership Start Date | 2025-05-08 Corresponding to 1446-11-10 |
| Brief Resume of the Appointed Member | Mr. Khalid brings over 27 years of extensive experience in finance, strategy, accounting and auditing. He currently serves in several key roles, including Chief Financial Officer (CFO) at Etihad Etisalat Company (Mobily) and as a member of the Audit Committee at the King Abdullah Financial District (KAFD). Throughout his career, he has held a number of senior leadership positions at prominent organizations, including CFO and Executive Vice President of Shared Services at the Saudi Railway Company (SAR), as well as Financial Controller at the National Water Company. Mr. Khalid holds a Bachelor degree in Financial Management from King Saud University and MBA with a concentration in Finance from the Sam M. Walton College of Business at the University of Arkansas, Fayetteville, USA. |
| 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 | 2025-05-08 Corresponding to 1446-11-10 |
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