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Riyadh – Mubasher: Al Rashid Industrial Company has appointed its board leadership and formed specialized committees for a new three-year session that commenced on 2 July 2026.
The board of directors named Fahad Abdulaziz Al Rashid Al Humaid as Chairman, according to a bourse filing.
Al Rashid Industrial also appointed Abdullah Sulaiman Fahad Al Issa as the Vice Chairman, following the company’s Extraordinary General Assembly meeting (EGM) held on 17 June 2026.
The board also designated Mohammed Abdulaziz Mohammed Al Rashid Al Humaid as the Managing Director.
All the announced appointments are part of the new board cycle which is scheduled to conclude on 1 July 2029.
In addition to the primary leadership roles, the company established its Audit Committee, led by Ahmed Abdulrahman Abdulaziz Al Mohsen.
The Remuneration and Nominations Committee and the Executive Committee will both be chaired by Abdullah Sulaiman Fahad Al Issa.
The board further confirmed the appointment of a Board Secretary and designated company representatives to the Capital Market Authority and the Saudi Tadawul Group to manage regulatory and compliance obligations throughout the three-year term.