Arriyadh Development Co. — Board/Management Information 2021

Apr 21, 2021

Arriyadh Development Co. Announces Appointment of a managing director

4150 · 21/04/2021 09:12:57 · Announcement #62920 · View on Saudi Exchange

Arriyadh Development Co. Announces Appointment of a managing director

Element List

Explanation

Introduction

Riyadh Development Company announces that its Board of Directors issued its decision on 08-09-1442 H corresponding to 04-20-2021 AD approving the appointment of a member of the Board of Directors (independent member) His Excellency Mr. Abdullah bin Muhammad Al-Bahouth as the managing director of the company and amending the membership status to be an executive member as of the date 04-21-2021AD until the end of the current session of the Council on 06-24-2022AD.

Element List	Explanation
Appointed Member Name	Abdullah bin Mohammed Al-Bahouth
Membership Type	Executive
Membership Start Date	2021-04-21 Corresponding to 1442-09-09
Brief Resume of the Appointed Member	It is worth noting that Mr. Abdullah bin Muhammad Al-Bahouth is a member of the Board of Directors of Yamama Cement Company and was a member of the Board of the Dar Al Tamleek Company, and held many leadership positions in the Public Pension Agency, and Mr. Abdullah holds a master's degree in applied statistics from the University of Gulph in Canada and a bachelor's degree in operations research From King Saud University, Professor Abdullah is considered one of the distinguished national competencies and has wide and varied administrative experience.

Element List	Explanation
Date of Board Meeting in which Appointed New Member(s) were Appointed	2021-04-20 Corresponding to 1442-09-08
Board Approval	The Board approved the appointment of the Managing Director on 20-04-2021 AD
Additional Information	The Chairman and members of the Company’s Board of Directors also wished the Managing Director success in his upcoming duties.

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