Al-Etihad Insurance shareholders approve board remuneration, 2020 financial reports

31/05/2021 Argaam

Al-Etihad Cooperative Insurance Co.’s shareholders gave the go-ahead for paying SAR 1.4 million in board remuneration for 2020, during the ordinary general meeting (OGM), held on May 30, 2021, according to a bourse filing.

 

Shareholders also approved financial statements as well as board and auditor reports for the year ended on Dec. 31, 2020, the statement added.

 

Additionally, shareholders approved the amended audit committee charter, discharged board members from liability for 2020 and appointed an external auditor for Q2, Q3, Q4 2021 and Q1 2022.

 

They also approved the business contracts signed with other institutions, the statement added.

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.