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Saudi Azm forms audit committee for new board term

Saudi Azm forms audit committee for new board term
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Riyadh – Mubasher: Saudi Azm for Communication and Information Technology Company has officially announced the formation of its Audit Committee for the new Board of Directors term.

The decision, following a Board meeting held on 29 June 2026, establishes the committee’s composition and operational mandate for a four-year period. This move follows the company’s previous disclosure on the Saudi Exchange (Tadawul) regarding the formation of sub-committees emerging from the board.

The newly appointed Audit Committee began its duties on 30 June 2026, and is scheduled to serve until the conclusion of the current board term on 21 June 2030.

The committee is comprised of three independent members, each bringing specialized expertise in accounting, financial oversight, corporate governance, and digital technology to the firm’s regulatory framework.

Abdulrahman Ibrahim Al Hadlaq has been appointed as the Chairman of the Audit Committee. Al Hadlaq is a seasoned executive with extensive experience in real estate, logistics, and financial management.

Since 2022, he has served as the CEO of Asas Makin Real Estate Development and Investment. His professional background includes tenures as CEO of Sadr Logistics (2020–2022) and CEO of Abdulrahman Al-Shalan & Sons (2018–2020).

Notably, his technical foundation in oversight was established during his time as an internal auditor and accountant at the Education and Training Evaluation Commission between 2012 and 2017. He holds a Bachelor’s degree in Accounting and a Master of Business Administration.

Joining the committee as a member is Mohammed Amin Merah, an independent director with a background in business development, commercial investment, and management consultancy.

Merah currently holds the position of CEO at Business Mining for Development and Commercial Investment and has served as Vice Chairman and Managing Director of Business Mining for Financial Development since 2025.

His career includes significant experience in the professional services sector, having served as a Senior Auditor at both PricewaterhouseCoopers (PwC) and Deloitte. He earned his Bachelor’s degree in Accounting from King Fahd University of Petroleum and Minerals.

The third member of the committee is Yazeed Ibrahim Al Abdulkarim, an academic and technical expert specializing in computer science and digital technology.

Al Abdulkarim holds a PhD in Computer Science from the University of Southern California and has been an Assistant Professor at King Saud University since 2018. His professional profile bridges the gap between academic research and practical financial technology, having worked as an integration developer at Alinma Bank.

He also serves as a research and innovation consultant at the Saudi Information Technology Company and holds audit committee memberships in several fintech firms, focusing on compliance and risk management.