Najran Cement names Waleed Al Mousa as Chairman, Fahad Al Rajhi as Vice Chairman

Najran Cement Co.’s headquarters

Najran Cement Co.’s board of directors approved, on Aug. 18, the appointment of Waleed Al Mousa as Chairman and Fahad Al Rajhi as Vice Chairman, the company said in a statement to Tadawul.

The board also approved the formation of the remuneration and nominations committee, which comprises Fahad Al Rajhi and Waleed Bamarouf (non-executive board members), as well as Ahmed Khogeer and Ziyad Al-Jard (independent board members).

The executive committee was also formed to include Waleed Al Mousa (non-executive); Majed Muslim, Abdul Hadi Al Dohan and Ali Al Yami (independent members); as well as Abdulsalam Al-Draini (executive member).

A board secretary was appointed, as well as a company representatives to the Capital Market Authority (CMA) and the Saudi Exchange Co. (Tadawul).

The audit committee formation was approved during the ordinary general meeting (OGM) held on July 17.