Mohammad Al Mojil Group Company Announces Appointment of Board Members

24/12/2013 09:40 AST

Mohammad Al Mojil Group Company announces that the Board of Directors on 23-12-2013 accepted the appointment of the new board members as follows: 1-Mr. Ibrahim Yousef Al Muhaideb as Board Member (Independent) He is the Executive Director of ICR Industrial Chemicals and Resins Co. and owner of other private businesses. 2-Mr. Mohammed Abdul Aziz Al Omaira as Board Member (Independent) he is a retired colonel with a bachelor degree in military sciences a master degree in management and 24 years of service in the Ministry of Defense.

3-Mr. Mohammed Al Khaldi as Board Member (Non-executive) (Non- Independent) He rests on 35 years of experience in the travel and tourism industry. He assumed various roles in local travel and tours sector, including Saudi Arabian Airlines as Assist. Sales Manager and Al Mojil Travel & Tours as General Manager since 2000.

4-Mr. Findlay Donnan as Board Member (Non-executive) (Non- Independent), he is a veteran management consultant executive and HR expert for 15 years. He is member of the TRANSEARCH International Board (65 offices in 43 countries). His focus is on C-suite partner and mission critical appointments.

All the above appointments will be presented to the coming general assembly meeting for approval.

The appointments align with MMG effort to comply with the requirement of corporate governance and retain distinct members adding value to MMG shareholders and employees.

Noted that the new appointments ensure balanced representation for shareholders and the executive body and above all help MMG utilize the high-profile expertise offered by the new members.

Tadawul