Jabal Omar Development Co. — Board/Management Information 2022

May 19, 2022

Jabal Omar Development Company announces the change of representative of The General Authority for Awqaf in its board of directors

4250 · 19/05/2022 08:18:03 · Announcement #68294 · View on Saudi Exchange

Jabal Omar Development Company announces the change of representative of The General Authority for Awqaf in its board of directors

Element List

Explanation

Introduction

Jabal Omar Development Company announces its Board of Directors approval of the request of The General Authority for Awqaf, for replacing its representative to be Mr. Hesham Abdulaziz Alzaid (Independent Member) instead of Mr. Rayan Saleh Alrasheed (Independent Member) effectively from 17/10/1443H corresponding to 18/5/2022G. On this occasion, the Board extends its thanks and appreciation to Mr. Rayan Alrasheed for his efforts during his membership term in the Board, and welcome Mr. Hesham Alzaid as a member of the Board of Directors wishing him all the success.

Element List	Explanation
Appointed Member Name	Hesham Abdulaziz Alzaid
Membership Type	Independent
Membership Start Date	2020-11-24 Corresponding to 1442-04-09
Brief Resume of the Appointed Member	Mr. Hisham is currently the CEO of Real Estate Investment in Awqaf Investment - the investment arm of the General Authority of Awqaf. Prior to that, he worked as a manager of real estate funds in Alinma Investment Company, and a manager in the transaction advisory department at KPMG Saudi Arabia. Mr. Hisham is a member of several boards of companies and investment funds. He holds a bachelor's degree with honour in finance from King Fahd University of Petroleum and Minerals. He is also holds a certificate of the International Certified Valuation Specialist. Mr. Hesham has attended a number of leadership courses at INSEAD, Cambridge, and others.

Element List	Explanation
Date of Board Meeting in which Appointed New Member(s) were Appointed	2022-05-18 Corresponding to 1443-10-17
Board Approval	Board Approval May Not Be Deemed Final, this Appointment Shall Be Put before the First General Assembly Meeting for Approval

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